Trump is Raising Costs For Americans
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Washington, D.C. — The 2024 election was a mandate to lower costs, but in the first weeks of the Trump administration, inflation is rising and prices are soaring. Trump’s tariffs and attacks on clean energy will further increase energy costs for Americans.
Climate Power communications director Alex Glass issued the following statement:
“Donald Trump promised to cut energy costs in half, but now that he’s in office his actions are driving inflation up and hiking costs for working Americans. His attacks on clean energy are putting hundreds of thousands of jobs at risk, increasing energy costs, and leaving our grid vulnerable. Trump has gone all in on his Project 2025 agenda, which benefits his billionaire buddies and sticks hardworking Americans with the bill.”
Here are the facts:
- Groceries and gas prices are already rising under Trump.
- Trump has repeatedly taken actions that threaten to raise costs for Americans.
- 66% of Americans say that Trump isn’t doing enough to reduce prices.
- US automakers are already warning that Trump’s chaotic tariffs and plans to gut the IRA’s clean energy investments will further hike costs on consumers while putting thousands of manufacturing jobs at risk.