Trump’s prices collide with a key campaign promise: from the political bureau

Welcome to the online version of Political officeAn evening newsletter that brings you the latest report and analysis of the NBC News Policy team from the White House, Capitol Hill and the campaign campaign.

In today’s edition, Kristen Welker explores the tension between President Donald Trump’s economic plans and the promises he has taken on the campaign track. Shannon Pettypice also answers a reader question about how prices affect prices. In addition, Ben Kamisar and Alexandra Marquez examine the various ways that the potential democratic presidential suitors continue at the start of Trump’s second term.

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Trump’s prices collide with a key campaign promise

By Kristen Welker

One of President Donald Trump’s central promises focused on the drop in high prices and offering it to alternatives to voters who struggled to reach both ends.

This is a problem that helped him win. The economy was the first issue for voters in November, According to the exit pollsAnd the voters who declared that inflation had caused them, as well as their families, “a serious difficulty” supported Trump with a large margin.

“When you buy apples, when you buy bacon, when you buy eggs, they would double and triple the price over a short period, and I won an election according to this”, Trump said to me last December. “We will lower these prices.”

But now the president recognizes that Americans can feel economic pain in his radical prices.

“We think we are doing very well,” Trump told journalists yesterday. “Once again, there will be problems of transition, cost and transition, but in the end it will be – it will be a nice thing.”

Several supporters of Trump which recently spoke to NBC News said they were ready to bear higher short -term prices if it means relaunching American manufacturing and long -term fair trade. But others are starting to raise concerns that the president has abandoned his key campaign commitment to reduce costs.

Trump was already on fragile field on economic issues before the last rates. A NBC survey In March, the majority of voters disapproved of its management of the economy, and a plurality (46%) said that they were “not at all satisfied” in the way Trump was fighting against inflation.

So how long will the Americans give Trump to reduce prices? And how will they react if prices are increasing as a result of its prices?

We will immerse ourselves in Trump’s latest prices on “Meet The Press” this Sunday with Trump’s sales advisor, Peter Navarro, Senator Cory Booker, DN.J., and Ray Dalio, founder and director of investments at Bridgewater Associates, the biggest hedge fund in the world.

More on Trump’s prices:

✉️ Mailbag: how imposing prices – and eliminants – can affect prices

Thank you to everyone who sent us by email this week! A reader wrote to ask if we could expect to see prices that increase due to prices come down if these prices are reduced or eliminated in the future:

“Once prices are increasing, what are the chances that prices will return to their pre-tail costs?” I cannot imagine companies not only by adding the cost adjusted to their net profit. They can reduce prices, but not all. ”

To answer this, we turned to Senior Policy Journalist Shannon Pettypicewho covered the ins and outs of Trump’s pricing plans. Here is his answer:

As this reader and others could have noticed, the prices of most of the things we buy rarely. Generally, it’s a good thing – Having a healthy inflation rate of around 2% is generally the sign of a growing economy, while generalized prices decreases can be a sign that the economy is in difficulty.

But with regard to prices, there are not many good data on what happens at prices once a price is lifted, because it is extremely rare for a price to be deleted once it is set up. Trump’s prices of his first mandate, for example, were prosecuted by President Joe Biden, and some companies pay prices that were set up decades ago.

Many factors beyond the prices are devoted to setting a price paid by consumers, such as labor costs, transport and raw materials. It also makes it difficult to determine the amount of price increase prices. If the prices lead to the slowdown in the American economy, this could mean a drop in prices for oil and depressed wages, which could compensate for some of the higher costs of prices.

It is therefore necessary to take the whole economic image when you look at the prices. Even if a price has been removed from an article, if other costs increase, there may not be a significant modification of the price once the price is deleted. As the reader notes, companies can also try to maintain additional income for higher prices to increase their beneficiary margin – But it is only if the consumer is willing or capable of paying the higher price or if he is not underestimated by a competitor.

4 ways in the democratic primary (very early) of the shadow 2028

We are not even 100 days after the start of Trump’s mandate, but the main democratic leaders already determine different potential power in power in a few years.

As Ben Kamisar and Alexandra Marquez NoteThe party is at the crossroads, with its image slide towards historic stockings after the November elections and lacking significant power in Washington to repel Trump and the GOP.

It is in this backdrop that the Democrats are doing early, but important, move on how to position themselves while the party turns to a presidential race widely opened in 2028.

We have grouped them into four categories.

Take a sliced ​​tart of the Conservatives: The governor of California Gavin Newsom; Senator John Fetterman from Pennsylvania; The governor of Colorado Jared Polis.

Resist Trump at all costs: Illinois Governor JB Pritzker; Senator Chris Murphy from Connecticut; New Jersey Senator Cory Booker; The Governor of Minnesota Tim Walz; Representative Alexandria Ocasio-Cortez from New York.

Direct down and govern: The Governor of Michigan, Gretchen Whitmer; Pennsylvania Governor Josh Shapiro; The governor of Maryland Wes Moore.

Draw their own paths: The governor of Kentucky Andy Beshear; Rep. Ro Khanna from California; Former transport secretary Pete Buttigieg.

Learn more →

It’s all of the political bureau for the moment. Today’s newsletter was compiled by Adam Wollner and Faith Wardwell.

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