Tax Cuts, Energy Production Will Increase Affordability, Prices Already Falling: Trump

President Donald Trump’s appearance comes as more Americans worry about inflation and the economy.
Tax Cuts, Energy Production Will Increase Affordability, Prices Already Falling: Trump
President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin DC Downtown in Washington on Nov. 17, 2025. Win McNamee/Getty Images
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President Donald Trump on Monday evening spoke on affordability in the United States, saying that tax cuts passed by Republicans, as well as increased energy production, will lead to falling costs for American consumers.

Trump spoke at the McDonald’s Impact Summit, with his remarks fitting into an environment of inflation and economic anxiety that has chipped away at Americans’ confidence in the U.S. economy.

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."