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Trump Claims Inflation Drop, Blames Biden Amid Campaign Push

11/19/2025

Summary

Story summary

U.S. President Donald Trump returned to campaign mode at the McDonald’s Impact Summit and claimed inflation fell from 9.1% under Biden to 3% last month, blaming President Biden for prices that still concern Americans.
He said a Walmart Thanksgiving meal basket is down 25% from last year, despite fact-checks indicating fewer items available.
He credited lower energy costs to his administration, though analysts are divided.
Trump’s campaign will focus on affordability, reflecting recent electoral outcomes.

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Story summary

U.S. President Donald Trump returned to campaign mode at the McDonald’s Impact Summit and claimed inflation fell from 9.1% under Biden to 3% last month, blaming President Biden for prices that still concern Americans.
He said a Walmart Thanksgiving meal basket is down 25% from last year, despite fact-checks indicating fewer items available.
He credited lower energy costs to his administration, though analysts are divided.
Trump’s campaign will focus on affordability, reflecting recent electoral outcomes.