- cross-posted to:
- politics@lemmy.world
- conservative@lemmy.world
- cross-posted to:
- politics@lemmy.world
- conservative@lemmy.world
Summary
Trump admitted it will be difficult to lower consumer prices, despite campaign promises to reduce grocery, energy, and overall inflation costs.
Trump told Time that achieving price reductions is rare without major economic downturns.
During the campaign, Trump blamed rising costs on Democratic leadership and proposed tariffs as a solution, but economists warn tariffs could raise prices further.
Inflation, a key voter concern, played a significant role in Trump’s election victory, though he has yet to outline a clear plan to deliver on his economic pledges.
Does this mean he’s backing down on tariffs? Jesus, one of the only things he actually campaigned on…