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From gas to groceries, has Trump kept his promise to tackle rising prices?

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bver_hunter

bver_hunter

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The Oracle said:
You could try reading the article...Just sayin.
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Obviously you have not fully read it:

Since Trump took office in January, the data also shows that apart from one recorded fall in April, grocery prices have risen each month.
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Diane Swonk, the chief economist for KPMG, believes tariff and immigration policy changes have contributed to higher costs.

"There's no question that those shifts are now starting to show up as inflation pressures," she said.
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During his campaign, Trump pledged to cut electricity bills sharply.

"Under my administration we will be slashing energy and electricity prices by half within 12 months, at a maximum 18 months," he told a rally in August 2024.

Since he became president, prices have risen.

The latest figures show average residential electricity rates reached 17.62 cents per kWh (kilowatt hour) in August 2025 - up from 15.94 cents per kWh in January 2025, according to the US Energy Information Administration.
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"Tariffs, which have been the biggest factor in the automotive industry over the last 12 months, have been nothing but inflationary."

She explained new car prices are increasing by about 4% a year, with tariffs contributing at least one percentage point.

"We really think in 2026 that's going to go higher because most of the manufacturers are holding their fire on raising prices directly due to tariffs, but they're going to have to come in at some point."
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ENOUGH SAID!! :rolleyes:
 
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Shaquille Oatmeal

Shaquille Oatmeal

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AI summary below:

📉 1 Year In: Trump’s Price Promises vs Reality
🛒 Groceries
  • ⬆ Prices up 2.7% overall
  • Coffee ⬆18.9%, beef ⬆12.9%
  • Tariffs + farm labor shortages = higher costs
  • Some drops: eggs ⬇, butter ⬇
⚡ Electricity
  • Promised: halve prices
  • Reality: ⬆ from 15.9¢ → 17.6¢/kWh
🚗 Cars
  • Promised: “Prices down.”
  • Reality: ⬆ over $50,000 (record high)
  • Tariffs = inflationary
⛽ Gas
  • Promised: <$2/gal
  • Reality: ~$3.00
✔ Bottom line: Prices mostly rose, not fell — far from the “Day One” cuts promised.
 
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The Oracle

The Oracle

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On the slopes of Mount Parnassus, Greece
bver_hunter said:
I think that he misplaced his reading glasses!! :LOL: :ROFLMAO:😅😂
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Just admit you didn't read the article...Just admit it..You went ahead and posted first right?
 
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T

tastingyou

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mandrill

mandrill

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The Oracle said:
Not surprising that your cohort would have no empathy for an eight


Just admit you didn't read the article...Just admit it..You went ahead and posted first right?
Click to expand...
So Ory. Let's read through this together:


Groceries
"When I win, I will immediately bring prices down, starting on Day One," Trump declared at an August 2024 news conference surrounded by packaged foods, milk, meats and eggs.
Official data - which includes a four-month period when Biden was still president - shows grocery prices rose by 2.7% in the 12 months to September 2025, with some items seeing significantly sharper increases:
  • Coffee: 18.9%
  • Ground beef (minced beef): 12.9%
  • Bananas: 6.9%
Since Trump took office in January, the data also shows that apart from one recorded fall in April, grocery prices have risen each month.
"The president of the United States has very little control over the price of food, especially in the short term," food economics expert Professor David Ortega told BBC Verify.
Trump's tariffs are driving up prices of certain foods, he said - a third of coffee consumed in the US comes from Brazil and therefore has a 50% tariff.
Trump's illegal immigration crackdown may also have had an impact, Ortega adds, especially in farming where as many as 40% of workers are estimated to be undocumented, which is close to a million people.
"As you know, farmers and companies have to raise wages in order to attract more labour. But trying to quantify those impacts in terms of price increase is almost impossible at the moment."
Diane Swonk, the chief economist for KPMG, believes tariff and immigration policy changes have contributed to higher costs.
"There's no question that those shifts are now starting to show up as inflation pressures," she said.
But she adds that other factors, including weather events, have contributed.
"On coffee you had climate issues for a very bad growing season and that was exacerbated by a tariff on Brazil and also Colombia," she said.
 
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