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President Donald Trump voiced support for a gasoline tax holiday to counter rising prices at the pump, as the cost of oil soars while the war with Iran drags on.
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The federal gas tax is on Trump's hit list. Data shows how much would be saved without it. NBC NewsTrump says he aims to suspend gas tax "for a period of time" CBS NewsThis PA congressman wants a pause in federal gas tax USA TodayTrump wants a gas tax holiday. Republicans will ‘hear him out,' Thune says Politico
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BP, Shell, TotalEnergies Pocket Billions in War-Driven Trading Windfall Crude Oil Prices Today | OilPrice.comFuel, munitions and food: Trump's Iran war rips across US economy Financial TimesThe Iran war will change global energy markets in these important ways, oil executives say CNBC
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Reflecting Pool Repairs to Cost $13.1 Million. Trump Had Promised $1.8 Million. The New York TimesNonprofit sues to stop Trump's changes to Reflecting Pool, a historic site The Washington PostGroup sues to block Trump's blue resurfacing of Reflecting Pool at Lincoln Memorial CBS NewsWorkers paint Lincoln Memorial Reflecting Pool blue BBCLawsuit seeks halt to Trump's refle
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President Trump said the fragile cease-fire was on "life support," and India's leader urged residents to cut back on purchases and travel.
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Confident in China's power, Xi is ready to host an unpredictable Trump The Washington PostAs Trump Heads to Beijing, China Is ‘Locked and Loaded' for a Fight The New York TimesWhat key issues are Trump and Xi set to discuss on Iran war? ReutersIran War Hangs Over China Summit WSJA weakened Trump arrives at Xi's court Financial Times
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Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
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Live Updates: Iran vows to fight on as Trump says ceasefire is "on life support" CBS NewsLive updates: Iran claims its counterproposal to end war is ‘reasonable' after Trump's rejection CNNTrump says ceasefire with Iran on ‘life support' after rejecting peace proposals The GuardianIran War Live Updates: Trump Says Cease-Fire Is on 'Life Support' The New York Times
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Supreme Court briefly extends telehealth and mail access for mifepristone as deliberations continue CNNTrump Administration Live Updates: Reflecting Pool Costs Balloon to $13.1 Million, Records Show The New York TimesSupreme Court temporarily extends full access to abortion pill while it mulls legal challenge NBC NewsUS supreme court temporarily extends access to mail-order abortion medication mifepristone The GuardianSupreme Court extends freeze on abortion pill restrictions
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Stock Market Today: S&P 500, Nasdaq trade in record territory, Dow up as Trump says Iran cease-fire deal on 'life support' MarketWatchStock market today: Dow, S&P 500, Nasdaq rise as chip stocks extend gains, Trump rejects Iran's response to peace plan Yahoo FinanceS&P 500, Nasdaq hit record highs as chip strength offsets Iran worries ReutersStock Futures Fall, Oil Jumps After Trump Rejects Iran's Response as ‘Totally Unacceptable!' Barron's
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Oil prices climb again as Washington and Tehran fail to agree terms to end war and reopen Strait of Hormuz
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The Supreme Court struck down Trump's "reciprocal" tariffs earlier this year, and Europe warned that its trade deal with Washington could be in jeopardy.
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The Fed is expected to hold rates steady, at what's likely to be Jerome Powell's last meeting as chair — with Kevin Warsh looking set to replace him.
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Move marks latest setback for project that originally promised to sell a US-made device
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