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Trump Says He Supports Suspending Gas Tax

‘That’s a great idea!’ Trump told CBS News.
Trump Says He Supports Suspending Gas Tax
A woman fills her car up with gasoline in Los Angeles on July 1, 2025. John Fredricks/The Epoch Times
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President Donald Trump says he supports suspending the gasoline tax.

With gas prices surging 50 percent since the start of the war in Iran, Trump told CBS News on May 11 that stopping excise taxes would be a “great idea.”

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Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."