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Trump’s promises to lower grocery prices may sound appealing, but they could potentially backfire. Here are 5 reasons they might fail—and what it means for your wallet.
Americans are tired of skyrocketing food prices, and many hoped President-elect Donald Trump’s promises would bring relief. But economists say his proposed policies might not deliver the savings voters are hoping for—and could even backfire. Food costs rose nearly 30% since the pandemic, and despite recent slowdowns, the complexity of inflation’s causes means quick fixes are unlikely.