Trump vows to reverse high food and energy prices in speech

MT HANNACH
5 Min Read
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President Donald Trump During his address during prime time at Congress on Tuesday evening, described his plans to fight against what he described as the “nightmare of inflation” affecting American families, specifically highlighting the increase in the costs of eggs and energy.

“We have suffered the worst inflation in 48 years, but perhaps even in the history of our country,” said Trump. “As president, I fight every day to reverse this damage and make America affordable again.”

Americans go to raise their own chickens in the middle of the nationwide egg shortage

Trump said that the price of eggs had become “out of control” and that his administration “works hard to bring him back”. The price of a dozen eggs, with an average of about $ 5.00 or even more in certain regions.

And depending on the food prospects of the Economic Service (ERS) of the Ministry of Agriculture, retail prices will continue to climb, Increase of 41.1% in 2025 due to the composition effects of consecutive epidemics.

Eggs in a box

Eggs are considered shelves emptied on certain markets due to the egg crisis in Virginia, the United States, on February 12, 2025. (Cell Gunes / Anadolu via Getty Images / Getty Images)

He blamed the previous administration, saying that “their policies have raised energy prices, raised grocery costs and led the necessities of life out of reach for millions and millions of Americans”.

Shelves normally filled with cartoons in a Whole Foods store in New York, (Fox Business)

The president said that one of his “highest priorities was to save our economy and obtain spectacular and immediate relief for workers’ families.”

The feeling of American consumers dives concerns about inflation and prices prices

WE Consumer confidence Immersed strongly last month after inflation was bit in January, up 3% on an annual basis. However, egg prices, in particular, have been a major point of pain for consumers, because industry is struggling with the flu epidemics in progress.

Last month, US secretary to agriculture Brooke Rollins has announced a “five -component strategy” aimed at limiting the growing number of bird flu epidemics that started in 2022 and have since decimated herds across the country, have created an important shortage in the American supply of eggs and have made higher prices.

A panel in a Whole Foods store in New York, telling customers that they must limit their egg purchases. (Fox Business / Fox News)

Egg prices jumped 15.2% in January, according to the consumer price index of the Labor Department. It was the highest increase in egg prices since June 2015 and represented almost two thirds of the total monthly increase in food prices, the ministry reported. On an annual basis, egg prices increased by 53%.

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Austin, Texas, transmission towers

Austin, Texas – June 20: Transmission towers are seen near the Austin Energy / Sand Hill energy center on June 20, 2023 in Austin, Texas. Extreme temperatures across the State have prompted the National Weather Service to issue excessive heat warnings ((Photo by Brandon Bell / Getty Images) / Getty Images)

Another objective of the administration is “rapid reduction in energy cost“Continued Trump, adding that during his first day, he declared a national energy emergency. Trump said his administration planned to reopen many plants to close and build a new pipeline.

“My administration also works on a gigantic natural gas gas in Alaska, among the most important in the world, where Japan, South Korea and other nations want to be our partner-with billions of dollars spent by them. It will be really spectacular,” he added.

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