Donald Trump on Tuesday said he accepted prices were too high but insisted they were “coming down tremendously” as he sought to address politically damaging claims of a cost-of-living crisis gripping the US.
In his first rally since the summer, the president acknowledged Americans were being squeezed by high prices but blamed the issue on his predecessor Joe Biden and said his administration’s policies were quickly improving the cost of living.
Trump countered the criticism he has faced in recent weeks for saying that the affordability crunch was a “hoax” perpetuated by Democrats, prompting allegations that he was out of touch with regular Americans.
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