President Donald Trump said on Monday that he would like to temporarily suspend the federal gas tax as prices soar due to the war in Iran.
“Yeah, I’m gonna reduce until the — let me tell you, as soon as this is over with Iran, as soon as it’s over, you’re going to see gasoline and oil drop like a rock,” Trump told reporters in the Oval Office when asked if he would suspend the tax. “Going to be dropping down like a rock.”
—
Subscribe to ABC News on YouTube:
ABC News Digital is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage.
Download the ABC News app for the latest headlines and alerts:
Watch 24/7 coverage of breaking news and live events on ABC News Live:
Watch full episodes of World News Tonight with David Muir here:
Read ABC News reports online:
ABC News is the home to the #1 evening newscast “World News Tonight” with David Muir, “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast “Start Here.”
Connect with ABC News on social media:
Facebook:
Instagram:
TikTok:
X:
Threads:
WhatsApp:
LinkedIn:
Trending is a feature on Current News that highlights stories that are being discussed in social media. The story is then featured on the main page of the website. If a story is Trending, it means that people are searching for the story in search engines. This feature allows Current News to be more relevant to the viewers and gives them a chance to connect with the audience in a new way.
Breaking News is a type of television and radio broadcast in which a national network interrupts regular programming to report on an important event. Prior to the existence of 24-hour news networks, such breaks were limited to very urgent news, such as the assassination of John F. Kennedy in 1963, or for weather events that would otherwise require a cut-in or an alert crawl on lower thirds during normal non-news programs.
