Washington Edition

What Trump’s Gas Tax Plan Says About the War With Iran

The president floats suspending the federal levy as the conflict drags on.
President Donald Trump is backing a suspension of the federal tax on gasoline.Photographer: Aaron Schwartz/Sipa/Bloomberg

I’m Nancy Cook, Bloomberg’s senior national political correspondent, and each weekday I’ll be coming to you with inside-the-room reporting and insights that reveal what’s really happening in Washington — and how it impacts you. Email me with feedback and comments here. If this newsletter was forwarded to you, sign up here.

President Trump’s backing of a temporary suspension of the federal gasoline tax is an implicit acknowledgment that the war in Iran isn’t ending anytime soon.