Overview

• Sen. Elizabeth Warren opened the latest salvo on August 4, telling CNBC that grocery, housing and health care costs have surged since President Trump took office and accusing him of breaking his “day one” cost-lowering promise.
• President Trump replied within minutes on Truth Social, touting major cuts to energy and tax expenses in his first six months and reviving his long-running “Pocahontas” nickname for Warren.
• Warren’s follow-up social media post invoked government inflation data, concerns about the job market and escalating grocery prices to dispute Trump’s economic narrative.
• Polling released this week shows nearly two-thirds of voters blame Trump for rising prices and indicates that around 70 percent of Republicans expect his tariffs to raise consumer costs further.
• Analysts say the rapid back-and-forth reflects broader partisan disputes over whether Trump’s agenda can reverse inherited economic trends or exacerbates Americans’ cost-of-living pressures through measures like tariffs.