{"id":80173,"date":"2026-05-11T15:01:32","date_gmt":"2026-05-11T15:01:32","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-says-he-intends-to-suspend-gas-tax-for-a-period-of-time\/"},"modified":"2026-05-11T15:01:32","modified_gmt":"2026-05-11T15:01:32","slug":"trump-says-he-intends-to-suspend-gas-tax-for-a-period-of-time","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-says-he-intends-to-suspend-gas-tax-for-a-period-of-time\/","title":{"rendered":"Trump says he intends to suspend gas tax &#8220;for a period of time&#8221;"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n  <!-- lil observer --><br \/>\n      <span class=\"content__observer-marker content__observer-marker--fixed lazyload\"\/><\/p>\n<section class=\"content__body\">\n<p><em>Washington<\/em> \u2014 President Trump told CBS News on Monday that he intends to suspend the federal gas tax &#8216;for a period of time&#8221; and phase it back in &#8220;when gas goes down.&#8221;\u00a0<\/p>\n<p>The president made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes. Suspending the excise taxes \u2014 18.4 cents per gallon on gas and 24.4 cents a gallon on diesel \u2014 requires an act of Congress. Congress has so far shown little interest in suspending it to bring down costs. Gas prices have soared over 50% since the start of the Iran war on Feb. 28, hitting a high of over $4.52 on Sunday, <a href=\"https:\/\/gasprices.aaa.com\/\" target=\"_blank\" rel=\"noopener\">according to AAA<\/a>.\u00a0<\/p>\n<p>&#8220;And yep, we&#8217;re going to take off the gas tax for a period of time, and when gas goes down, we&#8217;ll let it phase back in,&#8221; the president said. &#8220;But no, we&#8217;re gonna, we&#8217;ll, we&#8217;ll be doing something on that. Yes.&#8221;<\/p>\n<p>Gas prices have soared over 50% since the start of the Iran war on Feb. 28, hitting a high of over $4.52 on Sunday, <a href=\"https:\/\/gasprices.aaa.com\/\" target=\"_blank\" rel=\"noopener\">according to AAA<\/a>. Analysts say the prices are likely to remain high with Iran blocking access to the Strait of Hormuz.\u00a0<\/p>\n<p>The president said of Iran&#8217;s latest response to the U.S. peace proposal that it made concessions on its nuclear program, but &#8220;not enough,&#8221; and it&#8217;s still a &#8220;very stupid proposal.&#8221;<\/p>\n<p>He also responded to Israeli Prime Minister Benjamin Netanyahu&#8217;s comment on &#8220;<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/netanyahu-us-israel-iran-60-minutes-transcript\/\" data-invalid-url-rewritten-http=\"\">60 Minutes<\/a><\/span>&#8221; that &#8220;nobody had perfect foresight&#8221; on the Strait of Hormuz. Mr Trump said, &#8220;I did. I knew they closed it. That&#8217;s the only weapon they have.&#8221; He said the U.S. could have opened it under <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-pauses-u-s-mission-to-guide-ships-through-strait-of-hormuz-project-freedom\/\" data-invalid-url-rewritten-http=\"\">Project Freedom<\/a><\/span>, the military operation that guided ships through the Strait of Hormuz, and said it could resume and it would be &#8220;much more severe.&#8221;<\/p>\n<section class=\"content__body--footer\">\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<div class=\"component__item-recirc-block\">\n<p><h3 class=\"component__title\">Go deeper with The Free Press<\/h3>\n<\/p><\/div>\n<\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><br \/>\n    <\/section>\n<\/section>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/trump-interview-suspending-gas-tax-iran-war\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington \u2014 President Trump told CBS News on Monday that he intends to suspend the federal gas tax &#8216;for a<\/p>\n","protected":false},"author":1,"featured_media":80174,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":["post-80173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump says he intends to suspend gas tax &quot;for a period of time&quot; - World News<\/title>\n<meta name=\"description\" content=\"President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/site.itshrt.com\/worldnews\/trump-says-he-intends-to-suspend-gas-tax-for-a-period-of-time\/\" \/>\n<meta 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