Could Trump suspend the federal gas tax as the Iran war continues?
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The Bottom Line
President Trump is considering suspending the 18.4-cent federal gas tax to ease prices amid the Iran conflict.
How This Affects You
A gas tax suspension could save you 18.4 cents per gallon but would reduce federal highway maintenance funding, potentially affecting road quality.
AI Summary
President Trump said he is considering suspending the federal gas tax amid ongoing conflict in the Middle East. The potential move reflects concern about fuel prices and their impact on consumers and the economy during a period of geopolitical tension. Suspending the federal gas tax—currently 18.4 cents per gallon—would reduce revenue for highway maintenance and infrastructure projects funded through the Highway Trust Fund. Such a suspension could provide short-term relief at the pump but would shift funding pressures to states or require alternative revenue sources. The proposal comes as oil markets remain sensitive to developments in the Iran conflict and its potential to disrupt global energy supplies.
What's Being Done
President Trump said he is considering suspending the federal gas tax.
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