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

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Last updated: May 12, 2026 4:15 am
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Published: May 12, 2026
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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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