Trump confirms he will suspend the federal tax on fuel until prices decrease.

"We are going to eliminate the gas tax for a period of time, and when the price goes down, we will allow it to be gradually reintroduced," said the President of the United States. Molly Riley CommentsThe President of the United States, Donald Trump, confirmed this Monday that he plans to temporarily suspend the federal fuel tax until the prices of hydrocarbons decrease, a situation triggered by the war initiated by Washington and Israel against Iran and the blockade of the Strait of Ormuz. "We are going to eliminate the gas tax for a period of time, and when the price goes down, we will allow it to be gradually reintroduced," said Trump, without specifying the duration of the measure, in a telephone interview with the CBS network, a day after his Secretary of Energy, Chris Wright, announced that the government was considering freezing that tax. The president said that a rescue plan for airlines had not yet been "formally presented" and that "airlines are not doing badly." President Trump told CBS News on Monday that he intends to suspend the federal gas tax "for a period of time" and phase it back in "when gas goes down."The president made the comments in a phone interview with CBS News chief White House correspondent @nancycordes. Suspending… pic.twitter.com/6jmAsmzoNX— CBS News (@CBSNews) May 11, 2026 Wright assured on Sunday in the "Meet the Press" program of NBC News that "all measures that can be taken to lower prices at gas stations and reduce costs for Americans have the support of this Administration." Federal taxes on fuels include charges of 18.3 cents per gallon for gasoline and 24.3 cents per gallon for diesel, in addition to a 0.1 cent per gallon fee for both fuels intended for the underground storage tank fund. In the United States, the average national price of gasoline is $4.52 per gallon (3.785 liters) this Monday, according to the American Automobile Association (AAA), which represents an increase of more than 50% since the beginning of the war on February 28, today in a truce while seeking an agreement to end the conflict definitively. U.S. states also tax gasoline, and Indiana, Kentucky, and Georgia are taking measures to implement cuts and thus help consumers at gas stations, according to Reuters. More on:TrumpU.S.fuelsfederal taxIranWar in the Middle EastChris WrightWorld