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Since August 2023, inflation has fluctuated between 2.2% and 3.9%, marking a significant decline from the near-9% levels seen at the beginning of 2022. The drop is a clear testament to Trump’s decisive economic policies and refusal to back down on trade issues. Prices excluding food and energy—considered the “core” of inflation measurements—rose just 3.1%, the lowest year-over-year figure since 2021.
However, Wall Street remains cautious, keeping a close eye on Trump’s high-stakes tariff battle with Canada and Mexico. Stocks opened strong but quickly pulled back, showing that investors are still weighing the ongoing trade negotiations. Even so, the administration has already secured some quick wins that reinforce Trump’s economic leverage.
Just this week, Ontario was forced to lift an electricity surcharge targeting U.S. states, including Michigan, New York, and Minnesota. The move came after an intense 24-hour negotiation led by Commerce Secretary Howard Lutnick and Ontario Premier Doug Ford. It was a clear example of how Trump’s tough stance delivers real, immediate results for American consumers.
The battle over tariffs escalated further when Trump announced an additional 25% tariff on Canadian steel and aluminum, bringing the total to a staggering 50%. The president made it clear that he would declare a “national emergency on electricity” if Ontario’s surcharge remained in place. Faced with Trump’s unwavering determination, Canada quickly backed down.
Trump’s administration is set to return to the negotiating table on Thursday, just ahead of the April 2 tariff deadline, as discussions over revisions to the United States-Mexico-Canada Agreement (USMCA) continue.
Despite these victories, some Wall Street analysts remain skeptical. Economists at Goldman Sachs have predicted a fourth-quarter core inflation rate of 2.9%, slightly up from 2.4% a year earlier. Investors are also unsure whether the February inflation numbers will influence the Federal Reserve’s decision on interest rates at its upcoming meeting.
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Still, Trump has plenty to celebrate. His policies have pressured major corporations to reinvest in America, ensuring that jobs and innovation remain stateside. Apple and OpenAI have pledged significant investments in American workers and artificial intelligence development, demonstrating confidence in Trump’s economic vision. Meanwhile, Honda recently announced plans to shift production of its 2025 Civic models from Mexico to Indiana, another direct win for American industry.
While critics continue to cast doubt, the numbers don’t lie: Inflation is cooling, tariffs are working, and Trump’s economic strategy is putting America first. The president’s relentless focus on securing better trade deals and strengthening domestic industries is proving that bold leadership gets results. The Biden-era economic chaos is fading in the rearview mirror, and under Trump’s guidance, America is on the road to renewed prosperity.
