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President-elect Trump says his victory in the White House last month comes down to two things.
“I won on the border and I won on groceries,” the president-elect said in an interview on NBC News’ “Meet the Press.”
Trump then pointed to high grocery prices paid by millions of Americans as a key reason for his landslide victory in the White House. Vice President Kamala Harris.
FOX NEWS VOTER ANALYSIS: HERE’S HOW TRUMP WON THE WHITE HOUSE
“Very simple word, groceries. Like almost, you know, who uses the word? I started using the word: groceries. When you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price. a short period of time, and I won an election based on that,” Trump stressed in his interview, which was taped Friday and aired Sunday.
AMERICANS WANT TO SEE TRUMP LOWER HIGH PRICES
while inflation has come down considerably from their peak in 2022, grocery prices remain substantially higher than they were before the COVID pandemic swept the world nearly five years ago.
According to the latest inflation data from the Bureau of Labor Statistics’ Consumer Price Index, Americans are shelling out 22% more for groceries than they did when President Biden took office almost four years ago.
And voter frustrations over high grocery prices, as well as other impacts from inflation, benefited Trump as he ran to retake the White House.
Voters said the economy was by far the biggest issue facing the country, followed by immigration and abortion, according to the Fox News Voter Analysis of the 2024 elections.
And 40 percent said inflation was the most important factor in their vote, backing Trump by nearly two to one, according to the Fox News poll of more than 110,000 voters. and 18,000 non-voters nationwide. An AP VoteCast, a survey of more than 120,000 registered voters, had similar results.
During the presidential campaign, Trump criticized the Biden/Harris economy and promised to lower prices.
“Grocery prices have skyrocketed,” Trump said during a press conference in August, standing in front of tables full of packaged foods.
“When I win, I will lower the prices immediately, from day one,” he promised.
And in his “Meet the Press” interview, Trump promised that “we’re going to bring those prices down.”
But Trump, in the interview, reiterated that he would follow through on his campaign promise to impose heavy tariffs on imports from the country’s major trading partners.
During the presidential campaign, Harris argued that Trump’s blanket tariffs, if implemented, would raise the prices of many goods and impose a “sales tax on the American people.”
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The rates are taxes that governments impose on goods that are imported or exported. They can increase the cost of imported products, making local products more attractive to buy.
Asked in his latest interview whether he could guarantee that his tariffs would not force Americans to pay more for goods, Trump replied: “I can’t guarantee anything.”