The White House is looking for a relief valve as fuel costs rise due to the conflict in Iran

[ad_1]

Gain wound President Trump’s proposal to suspend the federal tax on gasoline in addition to suspending the White House in time to limit the economic impact of the United States’ war with Iran.

The renewed payment comes amid Trump’s statements during a phone interview on Monday morning, where he said he wants to stop the federal tax on gasoline “for a while.”

Why is the White House studying the switch to lowering the gasoline tax?

Reuters reported, citing people familiar with White House discussions, that the federal debate on gasoline “gains increasing importance” after it was ruled out in the federal government by some aides as unnecessary. Officials began to run out of options to show that they are dealing with the height of consumers.

The source revealed that the proposal was seen as an alternative plan until the end of the disclosure, however, he increased support for this measure during the past week as efforts to stop action on the part of Iran stalled.

The proposed tax cuts gasoline prices by about 18 cents per gallon at a time when they were high The above national average $4.50. However, the implementation of Trump’s plan requires the approval of Congress.

zakr speech Reuters He appeared in the White House and agreed that prices had risen by 50% since the start of the war.

Subscribe to our YouTube channel To follow the leaders and the journalists provide expert analyses

How did Iran’s war affect gasoline prices in the United States?

The shift occurred after a sharp rise in fuel costs due to closure مديق حرمز Gasoline prices rose by more than 50% since the beginning of the war.

Show followers from Brown University Americans spent 39.6 billion additional dollars on fuel since the start of the conflict. At the same time, discover the consumer tracking indicator Ipsos 56% of Americans reported an increase in their gasoline spending over the past three months.

This percentage reached 24% in April 2025. At the same time, American airlines are rapidly shrinking.

Follow us on X To get the latest news as it happens

However, Trump dismissed concerns about family budgets.

Trump said that he doesn’t think about the financial situation of the Americans, and he doesn’t think about anyone, just: Iran can’t be allowed to get a nuclear weapon, that’s all.

The relief window shrinks as the ceasefire talks stall and the anniversary day approaches.



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *