Donald Trump seeks to suspend gasoline tax to curb inflation in the United States

TL;DR

The US government plans to temporarily suspend the federal fuel tax to combat rising gasoline prices.
Gasoline prices have surged over 50% following the blockade of the Strait of Hormuz.
Congressional approval is necessary for the tax suspension to be implemented.
The move aims to alleviate pressure on American consumers facing persistent inflation.
The blockade has disrupted global energy markets, leading to a significant drop in oil supply.

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