Mmastodon WorldPolitics first seen 21 h ago, last 6 h ago, peak #3

Trump's price-fixing plans stumble weeks before midterms

Original: 5 WEEKS to the midterms. Trump's plan to fix prices has failed 3 TIMES. 🥩 Tariff-free beef → FARMERS revolt ⛽ Diesel exp

With five weeks until the US midterms, critics are highlighting three failed attempts by the Trump administration to bring down prices: tariff-free beef imports that angered farmers, a proposed diesel export ban opposed by the oil industry, and proposed $5,000 checks that even Republicans rejected. Inflation has remained above the Federal Reserve's target since 2021, and economists blame administration policies for the persistence of high prices.

Why now: The midterms are five weeks away and inflation remains a top voter concern, making the administration's economic record a lightning rod.

Donald TrumpRepublican PartyFederal ReserveUS farmersoil industry

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• 5 WEEKS to the midterms. Trump's plan to fix prices has failed 3 TIMES. 🥩 Tariff-free beef → FARMERS revolt ⛽ Diesel export ban → BIG OIL pushes back 💸 $5,000 checks → even REPUBLICANS balk Inflation has been above the Fed's target since 2021, and economists say his own… · cbarbermd · 4

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