• Today: January 16, 2026

Trump touts upbeat message on economy as Americans feel the pinch

President Donald Trump told a campaign-style rally that consumer prices are falling "tremendously" as he sought to allay voter anxiety about the US cost of living.

In a speech at a casino in the battleground state of Pennsylvania, the president told supporters he had "no higher priority than making America affordable again".

But while gas and egg prices have fallen, other food is more expensive and Americans remain unhappy about the cost of housing, childcare and healthcare.

Democrats have capitalised on Trump's vulnerability on the economy in recent state and city votes, leaving many Republicans uneasy about next year's midterm elections.

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