Trump, tariffs
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Trump claimed Friday: “We have almost no inflation. We’re down now to 2%.” He said at the same event: “Inflation is almost nonexistent.” Those claims are slightly more accurate than Trump’s late-October claims that “we don’t have any inflation” and that “we’re down to 2%, even less than 2%.” But the new claims are still wrong.
The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
The Donald Trump administration is touting data from DoorDash, a food delivery service headquartered in San Francisco, which found that the prices of some groceries and everyday items purchased on the DoorDash app have gone down — and the Trump administration has drawn the conclusion that the change is because of its economic policies.
After his party suffered sweeping losses in a series of elections earlier this month that hinged on the issue of affordability, and then publicly spiraled when pressed on the rising price of groceries, President Donald Trump is reportedly gearing up to undermine his own key economic policy, three sources told The New York Times Thursday.
Fox News host Laura Ingraham asked President Donald Trump this week if the affordability issue was a factor in the elections in Virginia, New Jersey and
Trump, who campaigned on a promise to tackle inflation, has pushed back — sometimes misleadingly — against discussions of grocery prices increasing on his watch. His Walmart example misleads by pointing to one corporate offering as evidence of grocery prices falling overall.