Summary
Americans, frustrated by high grocery prices, are looking to President-elect Trump for relief. Trump has pledged to lower food costs through tariffs on imports and by reducing energy prices, arguing that these measures would benefit U.S. farmers and consumers.
However, experts warn that tariffs could drive up prices by increasing costs for imported goods essential to food production and risk retaliatory tariffs on U.S. exports.
Economists also doubt Trump’s short-term impact on energy costs, noting that sustained grocery price drops are challenging without major economic shifts.
Where do you get those numbers? I mostly ask because I think the new car and used car prices seem high. Also, the rent seems low, but obviously rent is extremely location dependant.