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GOP Alarm Mounts as Trump Waves Off Affordability Concerns and Economists See New Price Pressures

Economists warn tariff-driven costs are rising with pre-tariff inventories depleted.

Overview

  • Trump has given conflicting messages, calling affordability a Democratic 'hoax' after posting a video saying making America affordable is his highest priority.
  • Republican National Committee Chair Joe Gruters has warned of a 'pending, looming disaster' and 'almost certain defeat' in the 2026 midterms.
  • Economist Rob Shapiro argues the administration’s tariffs and subsidy cuts are making healthcare, food and electricity less affordable.
  • Inflation has run roughly 3 to 3.2 percent in 2025, with housing, food and electricity increasing faster than the overall rate.
  • Shapiro says businesses are now restocking at tariff-inflated prices after drawing down inventories, a shift he and GOP strategists say could further strain voters and the party’s message.