\u201c<\/strong>Across the country, private sector companies are responding to President Trump\u2019s call by delivering tangible price reductions on everyday goods and services,\u201d the White House said in a press release on Thursday.<\/p>\n Read More on News<\/p>\n However, few of the companies on the list have made any mention of Trump or his policies in related announcements, leading to doubts over whether the president’s wishes have been a motivating factor.<\/p>\n \u201cThere is no public evidence establishing that the cuts were caused by the president beyond the White House\u2019s own claim,\u201d David Ortega, a professor in Food Economics & Policy at Michigan State University\u2019s Department of Agricultural, Food, and Resource Economics, told Newsweek. \u201cThe fact that most of these announcements never mention him is very telling.\u201d<\/p>\n Newsweek contacted the White House on Friday morning via email for comment.<\/p>\n Which Companies Are Cutting Prices?<\/p>\n The list includes retailers, drugmakers, automakers and utilities companies. The savings themselves include grocery discounts, prescription-drug price cuts, offers for cheaper gasoline and other ways the White House says companies are \u201cputting money back in the pockets of American workers and families.\u201d<\/p>\n Examples include the supermarket chain Giant Eagle, which announced in July that it would be cutting costs by an average of 10 percent on over \u201c300 of the most frequently purchased products<\/a>.\u201d Days later, Trump posted that the company had answered his \u201ccall to lower costs for working families,\u201d though the company itself said that this was part of a seasonal brand campaign, and reflected its \u201ccommitment to better everyday value, better quality and service, and a better overall shopping experience.\u201d<\/p>\n Groceries and Everyday EssentialsPrescription Drugs<\/p>\n The White House said \u201cmultiple additional manufacturers\u201d had \u201cagreed to cut prices on key drugs,\u201d crediting this to the Most Favored Nation (MFN) agreements that were struck with the companies<\/a>.<\/p>\n Energy<\/p>\n AutomobilesTrump Takes Credit For Lowering Prices<\/p>\n With few exceptions, the retailers included in the White House roundup did not mention the president or his policies when announcing plans to cut prices, though the president has framed these as a direct response to his affordability-focused efforts.<\/p>\n In July, Walmart said it would be helping customers to \u201csave more with thousands of lower prices through Walmart’s signature Rollbacks and Sam’s Club offers across stores and clubs nationwide.\u201d<\/p>\n \u201cGreat news! I have just been informed that one of the biggest, best, and smartest Retailers in America, Walmart, will be lowering prices, by a lot, at my Administration’s request to celebrate our great Country’s 250th birthday,\u201d Trump posted to Truth Social the same day.<\/p>\n While Walmart announced price reductions on 250 items, it did not acknowledge any \u201crequest\u201d from the administration to lower costs\u2014which a company spokesperson told The Bulwark was part of a normal \u201cRollback\u201d event that had commenced the week before Trump\u2019s post.<\/p>\n \u201cMost of this looks like ordinary retail competition rather than policy,\u201d Ortega said of the companies mentioned by the White House. \u201cShoppers have been trading down for years, and the fastest way to defend traffic and market share is to cut prices on visible staples.\u201d<\/p>\n He added that the timing of these announcements was \u201cconsistent with summer and back-to-school promotional activity.\u201d<\/p>\n But the administration has put pressure on retailers to lower prices amid resurgent concerns over inflation<\/a>, and used the actions of companies like Walmart to get them to follow suit. According to a report from the Wall Street Journal,<\/a> Department of Agriculture officials had called retailers including Walmart and Kroger urging them to lower beef prices ahead of the July 4 weekend.<\/p>\n Following the announcements from Walmart and Giant Eagle, President Trump praised the former for \u201cstepping up in a big and bold way,\u201d and said others should \u201cfollow the lead of these absolute Patriots.\u201d<\/p>\n And Ortega acknowledged that there \u201cmay be some upside for a company in being praised by the White House and in staying on good terms with an administration willing to use direct pressure.\u201d<\/p>\n What’s Next<\/p>\n The White House is expected to continue pointing to private-sector discounts and promotions as evidence that affordability is improving for consumers, while economists will be watching to see whether price reductions extend beyond temporary sales and marketing campaigns.<\/p>\n The coming weeks could also bring additional relief for families as many states hold their annual back-to-school tax-free weekends throughout August. The events typically allow shoppers to purchase qualifying school supplies, clothing, footwear and, in some states, electronics without paying state sales tax, reducing costs during one of the year’s biggest spending periods for households with children.<\/p>\n Economists and policymakers will be closely monitoring upcoming inflation and retail sales data to assess whether lower prices, seasonal promotions and tax-free shopping events translate into meaningful savings for consumers. The debate is also likely to continue over whether recent price-cut announcements reflect broader economic and competitive forces or the direct influence of the administration’s policies.<\/p>\n","protected":false},"excerpt":{"rendered":"The White House has released a list of companies that are cutting prices or offering other forms of…\n","protected":false},"author":3,"featured_media":988176,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[13915,64,69,47230,79,92159,266,583,255,2107,67,132,68,11588,5223],"class_list":["post-988175","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-back-to-school","tag-business","tag-donald-trump","tag-drug-prices","tag-economy","tag-freemium","tag-inflation","tag-kroger","tag-personal-finance","tag-shopping","tag-united-states","tag-unitedstates","tag-us","tag-walmart","tag-white-house"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/117057912074051838","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/988175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=988175"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/988175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/988176"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=988175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=988175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=988175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"A](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2026\/08\/Copy-of-32-circle-inset-left-6.png\"\/)
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