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Trump Claims Election Victory Saved Economy, Proposes Price Cuts

11/18/2025

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Trump Claims Victory

President Donald Trump stated at the McDonald’s Impact Summit that attendees were "lucky" he won the 2024 election, claiming the economy would have suffered under Kamala Harris.
He criticized rising welfare and job losses, suggesting the country could face bankruptcy without his leadership, despite inflation remaining high at 3% and declining job growth.
In response to recent electoral losses, Trump announced measures to reduce prices, including rolling back tariffs on food products and requesting a Justice Department investigation into the meatpacking industry for price collusion.

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Bessent Advocates Payments

U.S. President Donald Trump’s Treasury Secretary Scott Bessent said the administration plans $2,000 payments funded by tariff revenues to curb inflation.
Bessent warned beef prices could rise to $10 per pound due to cattle disease and border restrictions.
He said recent trade deals would lower costs on several goods, reducing the cost of living.
Bessent criticized the Biden administration's approach, saying the Trump administration focuses on addressing economic concerns directly.

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Trump Claims Victory

President Donald Trump stated at the McDonald’s Impact Summit that attendees were "lucky" he won the 2024 election, claiming the economy would have suffered under Kamala Harris.
He criticized rising welfare and job losses, suggesting the country could face bankruptcy without his leadership, despite inflation remaining high at 3% and declining job growth.
In response to recent electoral losses, Trump announced measures to reduce prices, including rolling back tariffs on food products and requesting a Justice Department investigation into the meatpacking industry for price collusion.

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