President Donald Trump has declared the upcoming 2026 midterm elections will hinge on 'pricing' as he champions his tariff policies for creating what he calls 'great wealth', despite consumer confidence plummeting to near-historic lows.
Trump took to Truth Social on Saturday morning to boast about his economic record, writing: 'Tariffs are creating GREAT WEALTH... 4.3% GDP, and going way up. No inflation!!!' The president's optimism comes as the University of Michigan's Consumer Sentiment Index registered a 28.5% drop from the same period last year, with 47% of consumers citing high prices as a major financial burden.
