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apnews.com

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.

  • TimLovesTech (AuDHD)(he/him)@badatbeing.socialEnglish
    7·
    12 days ago

    Also deporting millions of farm workers isn’t going to help prices stabilize when farmers have vegetables rotting on the vine because they can’t afford US citizens and how much they expect to be paid to be a farm-hand and on top of that US citizens tend to be fat and fucking lazy in comparison to the immigrant laborers.

    We can just use High School kids again. /s

    If the US dollar is still somehow the world’s reserve currency after all this fucking idiocy, I’ll genuinely be shocked.

    If Trump’s admin does crash the currency look for him to try and shift the US to his crypto grift coin which is I’m sure 100% legit and will not benefit from new regulation written around it being a black box of money laundering/bribe/slush fund.