It is Fake News (multiple times a day) that Trump said he was going to being prices down on Day One (or if he did say it, he qualified it):
On December 12, 2024, he said:
“It’s hard to bring things down once they’re up,” Trump said in his Time Magazine “Person of the Year” interview published Thursday, referring to grocery prices. “You know, it’s very hard…But I think that they will. I think that energy is going to bring them down.”'
https://www.cnn.com/2024/12/12/economy/grocery-prices-inflation-trump-interview/index.html
In August, 2024, he said STARTING on Day One (with drilling):
“When I win, I will immediately bring prices down, starting on day one,” Trump continued. “We will drill, baby, drill,” he said, referring to increasing domestic oil production. “That’s going to bring down prices of everything.”
https://www.cnn.com/2024/12/12/economy/grocery-prices-inflation-trump-interview/index.html
And
"On the campaign trail, Trump predominantly focused on drilling more oil as a means to help Americans afford more food. But, ahead of his return to the White House, his strategy to bring grocery prices down has shifted slightly to focus on supply chain issues in addition to drilling more oil."
https://www.cnn.com/2024/12/12/economy/grocery-prices-inflation-trump-interview/index.html
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Google's AI was consistent:
"Analysis of Trump’s Inaugural Address and Economic Promises
"To determine whether Donald Trump stated he would lower prices on his first day in office, we need to analyze the content of his inaugural address and the subsequent actions he proposed.
"Inaugural Address Context
"During his inauguration speech, Trump emphasized a commitment to revitalize the American economy, particularly through increased energy production. He stated, “America will be a manufacturing nation once again,” and highlighted the importance of utilizing the country’s vast oil and gas resources. His rhetoric suggested that boosting domestic energy production could lead to lower prices for consumers.
However, it is crucial to note that while he mentioned plans to increase oil production as a means to combat inflation, he did not explicitly state that prices would be lowered immediately or on his first day in office.
Instead, he framed these actions as part of a broader strategy aimed at economic recovery over time.
"Executive Actions and Economic Strategy
"On his first day, Trump announced intentions to sign executive orders aimed at easing regulatory burdens on oil and natural gas production. He also indicated plans to declare a national energy emergency.
These actions were positioned as steps toward achieving lower energy costs in the future but did not constitute an immediate promise to lower prices.
"Moreover, Trump referenced an overarching goal of addressing inflation caused by “massive overspending,” suggesting that increasing oil production would help alleviate some economic pressures. However, this again does not translate into a direct statement about lowering prices on day one.
"Conclusion
"Based on the analysis of Trump’s inaugural address and the context surrounding his proposed actions, it can be concluded that Trump never explicitly stated he would lower prices on day one; rather, he suggested that increasing energy production could help reduce costs over time.