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France 24

Business

Kate MOODY

Biden pushes for three-month suspension of US gasoline tax

United States Joe Biden OKX Crypto Inflation United Kingdom

BUSINESS DAILY © FRANCE 24

US President Joe Biden has asked Congress to approve a three-month suspension of a federal tax on gasoline, as soaring energy prices weigh on households and businesses. But the 18 cent per gallon tax represents just a fraction of what's paid at the pump, so will it really help? Also in the show: inflation in the UK hits a fresh high of 9.1 percent, and Haider Rafique, chief marketing officer at OKX, explains the recent crypto market crash and how it could change the industry.

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