Trump Supports Gas Tax Cut as Fuel Prices Rise

By Aurax Radio | May 12, 2026 | 2 min read

President Donald Trump said Monday he supports suspending the federal gasoline tax as fuel prices continue rising during the conflict involving Iran. The proposal would require congressional approval.

Rising gasoline prices have increased costs for U.S. motorists.

President Donald Trump said Monday he supports temporarily suspending the federal gasoline tax to help ease rising fuel costs for American drivers.

Speaking at the White House, Trump said he would back reducing the 18.4-cent federal gas tax as oil prices climb amid tensions linked to the conflict involving Iran. He said the suspension would remain in place until conditions improve.

Any suspension of the tax would require approval from Congress. Rising fuel prices have increased political pressure on the administration as higher transportation and energy costs affect consumers and businesses across the United States.

Sources: Information compiled from reporting by Reuters, Al Jazeera and The Associated Press.

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