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Trump Suspends Gas Tax Amid Soaring Inflation
Published 2 weeks, 5 days ago
Description
President Trump suspends federal gas tax amid soaring inflation due to Iran conflict, with consumer prices surging 3.8% year-over-year, the highest since May 2023. Energy costs, particularly gasoline, skyrocket, while food prices also rise. Inflation had been cooling but now threatens to persist, potentially reshaping the economy.
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