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Trump backtracks on campaign pledge to bring down grocery prices

www.huffpost.com Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices

The president-elect walked back what was always a wildly unrealistic campaign promise.

Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices

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.

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