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 ImagesPresident 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.