[U.S. President Trump Announces Important Decision]
U.S. President Trump said in a media interview on the 11th that he supports suspending the federal gasoline excise tax to mitigate the impact of rising fuel prices on American consumers.
Trump stated that the U.S. will suspend this tax for a certain period. When gasoline prices drop, the tax will be gradually reinstated in phases.
However, adjusting the federal fuel excise tax policy requires legislation passed by the U.S. Congress, and it remains uncertain whether the proposed bill will receive sufficient support.
A large-scale military operation launched by the United States and Israel against Iran at the end of February disrupted shipping through the Strait of Hormuz, causing a sharp surge in international crude oil futures prices, which in turn led to continuously rising retail fuel prices within the United States. (CCTV reporter Liu Xu)
Original source: toutiao.com/article/1864939637609484/
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