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Axios
Axios
Business

As prices rise, corporate America braces for the blame

Donald Trump Joe Biden America McDonald PepsiCo

The pricing and affordability debate is heating up, and it's likely to get even more politicized ahead of the 2026 midterms.

Why it matters: Rising costs remain a vulnerability for the Trump administration and the Republican Party, and the president can blame the "Biden economy" for only so long.

  • The next most likely target: corporate America.
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