Donald Trump, during his 2024 presidential campaign, vowed to reduce energy costs by 50% in his first year, a promise that remains unfulfilled as of March 2025. Energy prices have risen since he took office, and experts assert that such a drastic reduction is unrealistic and could have detrimental effects. Trump's policies, including tariffs and trade conflicts with Canada and Mexico, threaten energy supplies and indicate that any local increases in oil production will likely be offset by global market adjustments.
Trump claimed he would significantly reduce energy costs, asserting it’s his goal to drop prices by 50% within a year, yet experts deem this unrealistic.
Experts argue that not only is Trump's target of cutting energy costs by 50% unattainable, but his proposed policies may inadvertently worsen the situation for consumers.
Trump's trade conflicts with Canada and Mexico may jeopardize energy supplies, and as oil prices are set globally, any temporary reductions will likely not sustain.
As of March 2025, Trump has not delivered on his energy price promise, with costs continuing to increase, contrasting sharply with expectations.
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