Working Families Buckle Under The Weight of Rising Prices Caused By Trump and Republicans’ Big, Ugly Bill and Tariff Scheme
Just six months into his second term, Donald Trump is squeezing the middle class with his disastrous economic policies. This week’s latest CPI numbers show that Trump’s reckless tariff policies are causing price hikes on everything from groceries and clothing to back-to-school supplies. His next round of tariffs threatens even more massive price hikes on everyday goods that working families depend on while destroying relationships with our closest allies. While a majority of Americans disapprove of Trump’s handling of cost of living, tariff policies, and inflation, Trump continues prioritizing massive tax breaks for the ultra-wealthy over the economic security of ordinary Americans. He is prioritizing political theater over livelihoods, leaving American workers and businesses isolated while he and his rich friends benefit at the expense of working families. Read more about how everyday expenses are snowballing in Trump’s economy here:
- 🛒 GROCERY STAPLES GET EVEN MORE EXPENSIVE:
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- Food prices are rising faster than inflation.
- Trump’s tariffs threaten to hike prices of core grocery staples, including salt and pepper, pasta, and fresh tomatoes, as well as key spices like vanilla and cinnamon, wine, and more.
- Trump’s steel and aluminum tariffs threaten to raise prices for canned goods, including fruits, vegetables, and soda.
- Trump’s big, ugly bill takes food assistance away from at least 3 million Americans.
- 📚 BACK-TO-SCHOOL EXPENSES HIT AN ALL-TIME HIGH:
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- Parents of school-aged kids are shopping earlier than ever before, with 67 percent of shoppers already starting to purchase supplies for the upcoming school year in early June.
- Prices of school supplies and books are at an all-time high.
- Trump’s big, ugly bill eliminates school meal access for more than 18 million kids.
- 🧢 CLOTHING PRICES PILE UP:
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- Clothing prices are rising in the U.S as top retail outlets like H&M and Nike hike prices due to tariffs.
- Prices for men’s shirts, men’s sweaters, and women’s dresses are all up and rising faster than inflation.
- ⚕️ TRUMP AND REPUBLICANS ARE RAISING HEALTH CARE COSTS FOR TENS OF MILLIONS OF AMERICANS:
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- Trump’s big, ugly bill kicks nearly 17 million people off their health insurance and cuts $1 trillion from Medicaid.
- Trump’s big, ugly bill will force hundreds of hospitals to close across the country.
- Trump’s big, ugly bill raises health care costs for tens of millions of low- and middle-income Americans.
- 🔌 TRUMP AND REPUBLICANS OPT FOR HIGHER ENERGY BILLS AS ELECTRICITY COSTS SPIKE:
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- Trump’s big, ugly bill raises energy costs up to 18 percent for everyone – even as electricity prices are rising nationwide by as much as 20 percent this summer.
- Trump’s big, ugly bill kills millions of jobs in clean energy.