Trump wants to suspend gas tax amid high prices due to war with Iran

Date:

May 12, 2026

President Trump told CBS News’ Nancy Cordes that he wants to temporarily lift the federal gas tax as prices continue to rise amid the ongoing war with Iran. Mr. Trump also said the latest response from Iran to end the war was “a bad proposal … done by people that have no clue as to the danger they’re in.”

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Trump wants to suspend gas tax amid high prices due to war with Iran

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Trump wants to suspend gas tax amid high prices due to war with Iran

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