Mmastodon WorldPolitics first seen 7 h ago, last 1 h ago, peak #3

Trump's price-fixing efforts 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 say Donald Trump's attempts to address consumer prices have failed three times: tariff-free beef imports angered farmers, a proposed diesel export ban drew opposition from the oil industry, and suggested $5,000 checks to voters faced resistance even from Republicans. Inflation has remained above the Federal Reserve's target since 2021, and economists argue the administration's own policies are contributing to the problem.

Why now: Rising prices are a central issue ahead of the November midterms, and each new intervention is drawing scrutiny from both parties.

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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