Egg Prices Drop After Record Highs, Economic Concerns Persist
While egg prices begin to decline, President Trump faces scrutiny over economic challenges and inflationary pressures.
- Egg prices have fallen from a record high of $8.17 per dozen in early March to $5.51, according to USDA and Trading Economics data.
- The bird flu epidemic, which has led to the culling of over 111 million birds, remains a key driver of elevated egg prices despite recent declines.
- President Trump, who campaigned on lowering inflation and food costs, has faced criticism for not meeting expectations on price reductions during his early presidency.
- Trump's imposition of tariffs on international imports has raised concerns among economists, with fears of retaliatory measures contributing to stock market instability and recession risks.
- The Department of Justice is investigating potential price collusion among egg producers, as voters continue to cite economic pressures as a major concern.