Trump praised McDonald’s as “one of the most successful companies in the history of the world” as he thanked the fast-food giant for slashing prices. The president used his speech at the McDonald's Impact Summit on Monday to insist that the cost of living is falling, despite the ongoing burden of high beef costs on US household budgets.
Government data shows the average price of ground beef hit about $6.32 (€5.46) per pound in September, up roughly 13% year-on-year.
