President Trump promised voters he would bring prices down on “Day 1” in office, but three weeks into his term, the White House is downplaying the likelihood of immediate relief, citing global economic forces. Trump’s policies like tariffs and tax cuts may exacerbate inflation, as he aims to reduce costs through expanding energy production and cutting regulations. Inflation figures show unexpected rises in prices, with Trump blaming Biden for the spike, and economists expressing concerns about potential further increases due to Trump’s tariffs and tax proposals.
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