This Tuesday, February 24, President Donald Trump delivered his 2026 State of the Union addresses before legislators, the Supreme Court, and his cabinet, highlighting several and economic achievements. and immigration, as well as the presentation of his legislative agenda for the current year.

During his address at the Capitol in Washington, DC, at 9:00 pm, the president dedicated a significant portion of his speech to the country's economic and trade issues, noting that the US economy has experienced "unprecedented growth" in the past year.

Trump indicated that, during his first year in his second term, he managed to bring inflation down to its lowest levels in five years. "The economy is booming like never before; millions of Americans are benefiting," he said. The president also repeatedly mentioned that tariffs have become the country's “saviors,” and emphasized that many high costs, such as food, medicine, and gasoline, among others, have decreased significantly. While the president elected Tuesday night to have revived the economy despite inheriting a country in the midst of a crisis, economic data shows that many American households are still struggling with expensive food, unaffordable housing, and exorbitant medical expenses, which continue to strain their budgets and financial security. Food prices are skyrocketing. Although inflation has fallen from its record high of 9.1% in 2022, reaching 2.4% at the beginning of this year, food prices have not fallen at the same rate, and despite the Trump administration's efforts to While offsetting higher costs with tariff exemptions on certain products and raw materials is considered by many economists to be insufficient to balance prices.

Data published by the Bureau of Labor Statistics (BLS) highlights that both at-home and out-of-home food has become more expensive, with increases in 2.1% and 4.0%, respectively.

In the January data presented by the BLS, the main food items that increased in cost are meat, poultry, and fish (0.2%),fruits and vegetables (0.1%), and cereals and bakery items (1.2%).

Meanwhile, a report published by Pricing Lab Tracker indicated that during the past year, the price of fruits and seafood increased by more than 6%, coffee rose by 20%, and beef by more than 16%.

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