{"id":3591,"date":"2026-08-18T02:14:57","date_gmt":"2026-08-18T06:14:57","guid":{"rendered":"https:\/\/vr-news.net\/?p=3591"},"modified":"2026-08-18T02:14:57","modified_gmt":"2026-08-18T06:14:57","slug":"working-families-feel-the-heat-of-trumps-recklessness-with-consumer-prices-on-the-rise-in-july","status":"publish","type":"post","link":"https:\/\/vr-news.net\/?p=3591","title":{"rendered":"Working Families Feel the Heat of Trump\u2019s Recklessness with Consumer Prices on the Rise in July"},"content":{"rendered":"
\n

Today\u2019s Consumer Price Index (CPI) report shows prices rose 0.1% in July and are up 3.4% over the past year. July\u2019s price increase reverses the disinflation seen in June, which was built on a short-lived ceasefire that quickly unraveled. Nearly six months into his war with Iran, the president has failed to swiftly end the conflict and recently said<\/a> he does not \u201cthink about Americans\u2019 financial situation\u201d when negotiating an end to the war he started. <\/p>\n

Meanwhile, oil prices are back on the rise<\/a>, gas is back above $4.00<\/a> a gallon, and Trump\u2019s latest<\/a> tariffs on 99% of imports are now in effect. As the war drags on and Trump\u2019s tariffs work their way to store shelves, prices are poised to reaccelerate in the months ahead. This price squeeze is happening at the same time that workers are struggling to find jobs. The economy lost<\/a> 23,000 jobs last month, while wages failed to keep pace with prices. Prices are up, jobs are down, and working families are bearing the brunt of it all.<\/p>\n

Groundwork\u2019s Senior Vice President of Policy and Advocacy, Alex Jacquez<\/a>, released the following statement:<\/strong><\/p>\n

\u201cPrices started climbing again in July and Trump\u2019s catastrophic mismanagement of our economy means more spikes in the months ahead. The president said it himself: he is only \u2018semi-negotiating\u2019 an end to the war, all while slapping new tariffs on 99% of our imported goods. Trump is not serious about bringing much needed relief to working families who are weary of higher prices at the pump and on the shelves, and who are pessimistic about an economy that is bleeding jobs.\u201d <\/strong><\/p>\n

To speak to a Groundwork expert about this month\u2019s CPI reading, email press@groundworkcollaborative.org<\/a>. <\/strong><\/p>\n

BACKGROUND<\/strong><\/p>\n

Trump\u2019s war is keeping gas prices high, while families face higher electricity prices to keep cool.<\/strong><\/p>\n