Trump says it will be 'hard' to bring grocery prices down. Here's why.
President-elect Donald Trump is acknowledging it may be difficult to bring down grocery prices, despite making it a key tenet of his presidential campaign.
President-elect Donald Trump is acknowledging it may be difficult to bring down grocery prices, despite making it a key tenet of his presidential campaign.
In an interview with Time magazine, which named him person of the year for 2024, Trump said he nevertheless believes it'll happen through lower energy costs and supply chain improvements.
Asked whether his presidency would be a "failure" if grocery prices don't come down, Trump responded it would not, while blaming the Biden administration for the way it handled the inflation that led to higher food prices in the first place.
"Look, they got them up. I’d like to bring them down. It’s hard to bring things down once they’re up. You know, it’s very hard," he said in the interview published Thursday.
"But I think that they will. I think that energy is going to bring them down. I think a better supply chain is going to bring them down. You know, the supply chain is still broken. It’s broken," Trump said.
https://www.nbcnews.com/business/consumer/trump-says-hard-bring-grocery-prices-down-why-rcna183960
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