Despite repeated campaign promises to lower still-high prices on everything from eggs and beef to electricity and gasoline, President Donald Trump and his team have given no indication he intends to use his executive powers to try to attack this lingering problem.
Team Trump in recent days has signaled there’s no price-targeting executive action expected anytime soon, even as congressional Democrats begin to hammer the president over what they call a broken promise. And now, even Trump admits his announced tariffs on America’s top three trading partners — Canada, Mexico and China — would cause some further price “pain.”
Trump and his aides have boasted about him signing hundreds of executive actions — posted over eight pages (as of Monday afternoon) on the White House website — since he was sworn into a second term on Jan. 20. Yet, only one focused directly, if vaguely, on consumer prices, which have remained high even after inflation stabilized under the Biden administration.
