Trump pointed to lower inflation and food prices in the United States due to duties

Prices for food and other goods in the United States are declining amid a record increase in import duties. This was announced on April 15 by US President Donald Trump on his Truth Social network.

"The United States is accepting record numbers in the form of duties, while the cost of almost all products is decreasing, including gasoline, food and almost everything else," he said.

At the same time, Trump added that the introduction of tariffs led to a decrease in inflation rates in a similar way.

"Promises are made, promises are fulfilled!" concluded the American leader.

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On April 2, Trump announced the introduction of 10% base duties on products imported from other countries. For the European Union (EU), this figure was raised to 20%, and for China — to 34%. On April 4, Beijing imposed retaliatory duties of 34% against the United States, after which Washington announced an increase in anti-Chinese duties to 104%. Later, the Chinese authorities decided to raise duties on imported goods from the United States to 84% as a mirror measure.

On April 9, President Trump announced the suspension of duties previously imposed on a number of countries for 90 days. He also announced an immediate increase in duties on products from China to 125%. On April 10, this figure reached 145%.