Trump Calls Iran’s Proposal "Garbage"... U.S. Considers Fuel Tax Cut

[Financial News, New York = Reporter Lee Byung-chul] Donald Trump, President of the United States of America (USA), sharply criticized Iran’s counterproposal to end the war, calling it "garbage," and warned that the ceasefire between the USA and Iran was on the verge of collapse. As concerns grew that the conflict in the Middle East could drag on, and as pressure mounted over surging gasoline prices in the USA, Trump also floated the idea of a temporary fuel tax cut.
Speaking with reporters in the Oval Office at the White House on the 11th (local time), Trump strongly denounced Iran’s response to the USA’s peace proposal, calling it a "piece of garbage."
He said the ceasefire was currently relying on "massive life support," adding that the temporary truce between the USA and Iran was effectively on the brink of collapse.
Iran had earlier claimed that its counterproposal was a "generous and responsible proposal," but Trump dismissed it, saying it was not even worth reading the entire document.
Trump also targeted hardliners inside Iran, saying that "lunatics who want to fight forever are in control of Iran."
Amid growing fears of a prolonged war, energy costs in the USA are also rising. Trump said on the day that he supports a temporary suspension of the federal fuel tax.
Republican Senator Josh Hawley of Missouri also said he would introduce a bill to temporarily suspend the fuel tax. According to CBS News, Trump said the tax should be phased back in once oil prices stabilize.
According to the American Automobile Association (AAA), the average price of regular gasoline in the USA stood at $4.52 per gallon that day. Since the USA entered the war with Iran, gasoline prices have continued to rise steadily.
At present, gasoline in the USA includes a federal fuel tax of 18.4 cents per gallon, while diesel carries a federal fuel tax of 24.4 cents per gallon. State fuel taxes are added on top of that, increasing the burden on consumers.
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pride@fnnews.com Reporter Lee Byung-chul Reporter