Prices for gasoline in Los Angeles, California U.S., April 2, 2026. / REUTERS/Daniel Cole/File Photo
Americans are souring on the U.S. economy to a degree never before seen, with the stiffest inflation in four years exacerbating the political risk for President Donald Trump, who some administration officials worry has lost focus on affordability problems for voters as he trains attention on the war against Iran.
Few issues resonate with U.S. voters more deeply than price increases, and the latest inflationary upswing is unsettling key insiders at the White House worried about their Republican Party's prospects in critical midterm elections less than seven months away.
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