Donald Trump promised to lower costs, but Americans are heading into an “uncomfortable” summer, with skyrocketing energy prices and an economy facing a potential downturn. Manufacturing is contracting, farmers are suffering, and working families are being left without relief — so it’s no surprise that Americans are overwhelmingly rejecting Trump’s failed agenda. Trump’s only focus is on giving handouts to the wealthy — not helping working families. 

Here’s a look at the latest ways Trump’s economic agenda is hurting Americans: 

Wall Street Journal: “The U.S. Economy Is Headed Toward an Uncomfortable Summer” 

• “Businesses are warning that constantly shifting trade policies are interfering with their ability to plan for the future, leading to hiring and investment freezes.” 

• “Most economists think the prospects of a recession are higher than they were at the beginning of the year…”  

Wall Street Journal: “On average, Americans should count on their electricity bills in June, July and August rising 4% from last year” 

• “That would bring the nationwide summertime average to $186 a month, up from $180 last year and $148 four years ago, the [Energy Information Administration] said.” 

• “New England … should see the biggest jump in monthly bills, up 6.7% from last year, to about $200.”

Politico: “Trump wants a manufacturing boom. The industry is buckling.” 

• “[The ISM’s US manufacturing PMI] slipped for the third straight month in May as companies made plans to scale back production.”  

• “Federal Reserve data this month reported weaker manufacturing output.” 

Bloomberg: “Trump’s Tariffs Aimed at Reviving Manufacturing Are Doing the Opposite” 

• “Trump’s trade wars will smother the progress US manufacturers have already made revving up American factories. Manufacturing payrolls fell by 8,000 last month, the most this year, according to the Bureau of Labor Statistics.” 

• “[G]rowth in overall US private construction spending on manufacturing has flatlined from the boom seen under the Biden administration.” 

The Guardian: “Independent and organic farmers say chaos created by the Trump administration’s cuts has hurt their businesses…” 

• “[T]he administration had already cut a total of $1bn in programs that supported small farms that grow locally produced fruits and vegetables.” 

• “Republicans proposed cuts to food programs that indirectly benefit farmers. House Republicans passed a bill proposing $300bn in cuts to food stamps … to fund tax cuts.” 

CBS News: “Support for new tariffs in general remains net negative. Americans continue to think they will lead to higher prices at least in the short run, and often in the long run too.” 

• 59% of Americans oppose new tariffs
• 58% disapprove of Trump’s handling of the economy
• A majority of Americans (77%) say new tariffs will increase prices in the short term and (50%) the long term 
• 75% of Americans agree Trump is trying to help the wealthy with his trade policies 
• Americans overwhelmingly believe Trump’s disastrous budget will help the wealthy (60%), and most think the bill will hurt lower-income Americans (54%) 

Yale Budget Lab: “In the long run, real GDP growth slows because of the debt load from the One Big Beautiful Bill Act (OBBBA) that raises interest rates and results in crowding out.”  

• “Over the first 10 years, average GDP growth is functionally zero, reflecting that the small, short-term growth impacts are replaced by negative growth moving forward.” 

• “GDP growth slows such that by 2054 the level of GDP is nearly 3 percent smaller than it would have been if the bill were not passed.”

Financial Times: “Senior Federal Reserve official puts ‘50-50’ odds on tariffs sparking sustained US inflation” 

• “St Louis Fed president Alberto Musalem told the Financial Times that while Trump’s levies could boost inflation for ‘a quarter or two,’ there was ‘an equally likely scenario where the impact of tariffs on prices could last longer.’”