After pledging for months that he would lower grocery prices, President-elect Donald Trump was criticized after he admitted to Time magazine that it's "very hard" to do so, completely backtracking on his promise.
Trump, who was named the publication's Person of the Year for the second time, stated that one of the key issues Democrats and his opponent, Vice President Kamala Harris, fail to grasp about the American people is that "they want to be able to buy groceries at a reasonable price and not have to turn off their heat in order to buy two apples."
However, when pressed on whether he could lower grocery costs once in office, Trump acknowledged that he couldn't simply wave a wand to make it happen, even though many of his supporters backed him based on his promises to reduce the cost of living.
He said:
"It’s hard to bring things down once they’re up. You know, it’s very hard.”
That's a far cry from what he said once during a North Carolina rally earlier in his campaign:
"On my first day back in the Oval Office, I will sign an executive order directing every Cabinet secretary and agency to use every tool and authority at their disposal to defeat inflation and bring consumer prices rapidly down. We'll do it very rapidly."
"When you look at the costs of groceries, the cost of bacon went up four or five times. ... It will be a whole of government effort to raise the standard of living and American life affordable again."
You can hear what he said in the video below.
Or at a rally in Pittsburgh:
"A vote for Trump means your groceries will be cheaper, your paychecks will be higher, your streets will be safer, your communities will be richer, and your future will be brighter than ever before. This will be the Golden Age of America."
You can hear what he said in the video below.
Trump was swiftly called out.
Well now that the con is over and he fooled all the idiots and cult members, he can now stop pretending he knows anything about anything. We told people a billion times 'what are his policies and ask him how he is going to do them' People didn't listen and just assumed he was saying smart stuff'.
— Albert Belle (@foxfire50.bsky.social) December 12, 2024 at 11:05 AM
Snake oil salesman to the core
— lennylgm.bsky.social (@lennylgm.bsky.social) December 12, 2024 at 12:26 PM
If I had a dime for every time Trump lied to get himself elected, I would be richer than he.
— The Misanthropologist 🌎🇺🇸🇺🇦🇮🇱🎗️ (@rhizomaticon.bsky.social) December 12, 2024 at 10:57 AM
OMG, ‘grocery prices’ is the new build a wall’ and we saw how that worked out.
— Mad_as_hell (Maddie) (@maddie-says.bsky.social) December 12, 2024 at 10:18 AM
Trump might spike prices in record time. I predict not one single previous president has ever been able to accomplishment that. Perhaps he'll make the wall of shame. He is, of course, on that wall. Wall of ultra despicable.
— Antilusional (@antilusional.bsky.social) December 12, 2024 at 11:17 AM
Who could have guessed the lying liar who lies lied to people?
— Barry Dyson (@barrydyson.bsky.social) December 12, 2024 at 12:02 PM
Classic Trump. In August, he’s the hero fixing everything overnight. By December, he’s just a guy shrugging and saying, “Not my problem.” Predictable.
— 🅱️rooks Hoffos (@brookshoffos.me) December 12, 2024 at 12:38 PM
Wow. So unpredictable. No one would have ever -- ever -- guessed that he'd say the opposite of something he said previously. Is there gambling in Casablanca, as well?
— Barry K Gregory (@barrykgregory.bsky.social) December 12, 2024 at 11:39 AM
Grocery prices could get much higher during the second Trump administration if Trump follows through with plans to impose hefty tariffs.
In remarks to Meet the Press host Kristen Welker, he said "when you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price over a short period of time, and I won an election based on that," adding "we're going to bring those prices way down."
However, Trump falsely claimed that tariffs "cost Americans nothing." The overwhelming majority of credentialed economists reject the notion that tariffs provide a net benefit to consumers.
Most argue that consumers in the country imposing the tariffs ultimately bear the cost, facing higher prices for imported goods and for domestic products made with foreign-sourced raw materials. Additionally, if the targeted country retaliates with its own tariffs on U.S. goods, American producers can see a decline in exports.
If fully implemented, North American tariffs could significantly impact household expenses. For example, Mexico supplied 69% of U.S. vegetable imports and 51% of fresh fruit imports in 2022, meaning grocery prices could rise sharply. New tariffs on Canada might also increase gasoline prices, particularly in the upper Midwest, which depends heavily on Canadian crude oil.