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A month in his term, President Trump is Again making America expensiveAnd everyone feels pain.
Last year the president Donald Trump He ran against inflation, saying when he accepted the Republican presidential nomination last July and throughout the campaign to “starting with the first day, we will reduce prices and make America more affordable.”
His narrow victory in November – the smallest popular margin of votes from any winner in more than half a century – the voters were eager to promise him well. In the poll after the survey before and after the election, the economy and inflation were consistently classified as the main issue of voters.
President Donald Trump addresses the annual meeting of the conservative political action (CPAC) at the National port, Maryland, February 2, 2025. (Reuters/Brian Snyder)
After a month we are starting to see the direction Trump takes our economyAnd it’s not nice. Foods are more expensive than ever. Egg price sets new records every day. Inflation returns over 3%for the first time after eight months. Federal reserve experts expect the inflation to continue to grow.
Trumponomy will tame inflation-not worse
No wonder there was only one president in modern history, which after a month was less popular among the US people than Donald Trump is currently: Trump again, in 2017.
Trump claims that high inflation this month is not his fault, trying to switch guilt back to the biden administration. Trump wanted a loan to increase the stock market in November, three months before he swore to duty, but since economic news is less pinky now that he is in power, he is trying to switch guilt.
In Trump’s world, the dollar never stops with him. The American people disagree. In recent polls, almost two -thirds of voters say he doesn’t do enough to deal with costs. Voters don’t care who is responsible. They want the problem to be solved, and they don’t think Trump is over.
No matter who you blame for, the fact is that Trump’s policy will only encourage prices to go ahead. Currently they contributed to them the biggest contributions Record egg prices are the fears of bird flu, which infected with a flock of poultry in all 50 countries and has already been killed at least one American. Administration response? The dismissal of employees of the Ministry of Agriculture of the United States working to contain an epidemic.
The new survey shows what Americans think of Trump’s effect in the second term
The administration also seized and closed the Consumer Protection Office, facilitating large banks to use average Americans, increasing their costs with hidden financial fine and fees.
Over the coming months, Trump’s policies will continue to push prices more, nothing more than his aggressive tariff proposals. He has already imposed an additional 10% tariff to everything we import from China – one of our three largest trade partners. In less than two weeks he promised to implement additional 25% of tariffs on Mexico and Canada – Our other two largest shopping partners – followed shortly after 25% of steel tariffs, aluminum, cars, pharmaceutical products and microchips.
Tariffs are simply a tax transferred to consumers. If the seller pays an additional 10% or 25% to import refrigerator or cars, the company will simply increase the price of stickers in the store. As more Trump’s tariffs enter into force, the costs will increase on everything, from the Canadian tree we use to build houses to Mexican tomatoes and lemons we buy in a supermarket.
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Tariffs will be Trump’s most vulnerable politics in the coming months, but many of his other Hallmark policies are not much better.
We need to secure our border, but mass deportations will send food and accommodation costs abruptly after we have removed half of our agricultural workers and a fifth of our construction workers. The abolition of the Law on Reducing Inflation, as Trump has repeatedly said he wants to do, eliminate $ 35 a month for insulin prices for the elderly and increase prescription prices for millions of Americans.
In the meantime, Trump’s policies that should suppress growing costs are unlikely to be successful. He claimed that he would reduce energy costs by increasing oil production, but it would be difficult to be much more than a record level of oil and gas production during the biden administration.
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Trump administration catastrophic Attempts to reduce state consumption Even inflation will not help: while Doge shoots inspectors for food safety and air traffic controllers, chaos on the market will increase prices.
It’s all bad news for Americans who just want cheaper foods. Trump’s first month did not go well. If it doesn’t change the direction, it will only get worse.
