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The Economic Times
The Economic Times

Trump says he supports suspending US gas tax after prices remain high

President Donald Trump said on Monday he backs reducing the 18.4-cent federal gasoline tax as U.S. fuel prices shoot higher due to the Iran warand have sparked anger among U.S. motorists. Waiving the tax requires Congress, which is controlled by Trump's fellow Republicans, to pass ‌legislation.

"Yeah, I'm going to ⁠reduce," Trump ⁠told reporters on whether he would suspend the tax. Asked how long he would suspend the tax, Trump said in the Oval Office, "till it's appropriate." Senator Josh Hawley, a Missouri Republican, said he is introducing legislation on Monday to suspend the gas tax and the 24.4-cent diesel tax for 90 days.

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