The cost of living in America is projected to rise because of President Trump’s latest round of tariffs, and that’s a political problem for the president and Republican lawmakers in Washington, who campaigned in 2024 on bringing down the cost of groceries and other staples, a message that resonated strongly with voters.

More than six months into Trump’s second term, however, the costs of groceries, and other essential goods, such as cars, have continued to rise, corresponding with a drop in Trump’s job approval rating and a souring public view of Trump’s handling of the economy. Read more