Trump stated he is considering suspending the U.S. federal gasoline tax.

On Oct. 7: According to Jinshi Data, US President Trump recently made it clear in response to media inquiries regarding whether to suspend the collection of the federal gasoline tax that the matter is currently under consideration. The federal gasoline tax, a significant revenue source for the US federal government, has its current rate directly tied to the domestic refined petroleum retail pricing system.

Should this policy proposal be adopted, it would require going through the US Congressional legislative process and obtaining approvals from relevant administrative agencies. The White House has not yet released a specific implementation timeline or alternative fiscal compensation measures, with discussions remaining in the preliminary assessment phase.