AANHPI Communities Are Suffering from Trump’s Sky-High Costs
May 26, 2026
Asian American, Native Hawaiian, and Pacific Islander communities are suffering because of Trump’s reckless economic agenda, with skyrocketing costs putting the American dream out of reach. And while AANHPI working families are struggling to make ends meet, Trump admitted: “I don’t think about Americans’ financial situations, I don’t think about anybody.”
In response, DNC Vice Chair Shasti Conrad released the following statement:
“Donald Trump’s careless economic agenda has made it impossible for millions of Asian Americans, Native Hawaiians, and Pacific Islanders to afford basic necessities. Despite all of our hard work and sacrifice, Trump’s failed economy continues to crush our communities with the sky-high cost of living and a healthcare crisis with no signs of relief. Trump doesn’t care about delivering for our communities — instead, he’s prioritized a billion-dollar ballroom project and a $1.8 billion bailout fund for January 6 rioters. AANHPI voters won’t stand for this — and that’s why we’ll organize and mobilize to vote out Republicans who support his toxic agenda at the ballot box this November.”
Trump’s failed economy continues to raise costs on AANHPI communities across the country. In many majority-AANHPI areas across the country, the cost of living is even higher and continues to climb.
- Amid widespread frustration with Trump’s failed economy, AANHPI communities have disproportionately high anxiety about the high cost of living and inflation.
- Hawaii, which has the highest proportion of AANHPI people in the country, could see 20–30% electricity price increases because of Trump’s Iran war.
- California, which has the highest overall number of AANHPI people in the country, could see individuals paying an annual average of $530 more for gas because of Trump’s Big Ugly Bill.
- New York, which has the second-highest overall number of AANHPI people in the U.S., and is home to thousands of AANHPI-owned small businesses, could see their fixed-rate loans increase by $440 annually by 2030.
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