Overview
- Addressing McDonald’s owners, operators and suppliers in Washington, President Trump said inflation is at a “low level” he intends to push lower and declared that “prices are coming down.”
- He tied his affordability message to the chain’s discounts, praising the return of $5 and $8 Extra Value Meals and emphasizing his longtime loyalty to McDonald’s.
- Days earlier, the administration removed tariffs on more than 200 imported food items—including beef, bananas, coffee and orange juice—in a bid to temper grocery bills.
- Trump again floated $2,000 tariff-funded rebate checks and 50-year mortgages as affordability measures, proposals that face political and legislative hurdles.
- Independent indicators show headline inflation near 3% year over year and sharp increases for items such as ground beef, with polling reflecting continued voter skepticism about prices.