Despite spending his campaign promising to “stand up” for working families, Donald Trump’s chaotic economy has seen grocery and electricity prices skyrocket to record highs last month, while gas prices rose across the country. As the American people beg Trump to get the economy back on track, he’s tanking retirement funds, decimating small businesses, and slashing manufacturing jobs. While a “Trump recession” is looming, it’s clear that helping working Americans is the last thing on Trump’s mind. 

Here’s a look at how Trump’s unaffordable agenda is raising costs and causing chaos: 

Bureau Of Labor Statistics: March 2025: Grocery prices rose by 0.485%, the most since October 2022, to a record high. 

Bureau of Labor Statistics: The average price of electricity per KWH in the U.S. increased to $0.181 — the highest price on record. 

Patrick De Haan, @GasBuddyGuy: “Average gas prices compared to a month ago: up in nearly all states”

CNN: “JPMorgan says recession is still likely despite Trump’s tariff pause” 

“The bank still sees a 60% chance of a US and global recession even after President Donald Trump issued a 90-day pause to most tariffs.” 

Bloomberg: “CEOs Brace for Recession Even After Tariff Reprieve Boosts Stocks” 

“Trump, who came to office on a pledge to bolster economic growth and fortify the US economy, is instead unleashing a wave of panic across markets and businesses as consumers and investors try to make sense of his policies and their impacts.”

Yale Budget Lab: “The price level from all 2025 tariffs rises by 2.7% in the short-run, the equivalent of an average per household consumer loss of $4,400 in 2024$ … The [long-term] price increase settles at 1.6%, a $2,600 loss per household. …  

“The 2025 tariffs disproportionately affect clothing and textiles, with consumers facing 58% higher apparel prices in the short-run. Apparel prices stay 26% higher in the long-run. … 

“US real GDP growth is -1pp lower from all 2025 tariffs … the equivalent of $160 billion annually in 2024$. …

“The unemployment rate rises 0.5 percentage point by the end of 2025, and payroll employment is 700,000 lower.” 

Financial Times: “Donald Trump’s Wall Street tariff rollercoaster reaches Main Street”

“‘All the printing is done in other countries, all the toys that we get are from other countries,’ said Ghigliotti, who has run the store for 12 years. ‘It’s going to decimate my business.’ … 

“[Ghigliotti] was already paying 10-25 per cent more for them than she planned, upending her budget.”

Reuters: “[I]nflation risks are tilted to the upside after President Donald Trump doubled down on tariffs on imported Chinese goods even as he lowered duties on other nations.” 

Bloomberg: “Trump Is Already Slowing Global Trade as Companies Pause Orders” 

“If anything, Trump is extending the uncertainty that has already begun to drag on business and consumer sentiment.”