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President Donald Trump is struggling to convince voters he can tame inflation, even as he echoes Joe Biden’s early reassurances and predicts inflation will soon be 1.5%. After Democrats gained over affordability concerns, Trump has floated a $2,000 tariff rebate, longer 50-year mortgages, and scrapped some tariffs, steps critics call gimmicks. Inflation rose from 2.3% to 3% after his tariffs, and AP-NORC polling shows 67% disapprove of his performance. Trump aides tout supply-boosting policies as the Fed cuts rates, while critics say his trade moves fuel higher costs.

Prepared by Lauren Mitchell and reviewed by editorial team.