Shumita Basu

Greg Ip is the chief economics commentator for The Wall Street Journal.

That was one of Trump's promises to lower costs on day one. Lately, officials in his administration have tempered that promise, saying it's unlikely the president can do anything to bring down the cost of things like groceries anytime soon. And Ip told us there's a universal truth in that.

That was one of Trump's promises to lower costs on day one. Lately, officials in his administration have tempered that promise, saying it's unlikely the president can do anything to bring down the cost of things like groceries anytime soon. And Ip told us there's a universal truth in that.

That was one of Trump's promises to lower costs on day one. Lately, officials in his administration have tempered that promise, saying it's unlikely the president can do anything to bring down the cost of things like groceries anytime soon. And Ip told us there's a universal truth in that.

Trump officials say expanding American energy production and rolling back regulations could help lower prices. But Ip told us Trump's agenda of higher tariffs and lower taxes risks making it difficult to keep inflation in check.

Trump officials say expanding American energy production and rolling back regulations could help lower prices. But Ip told us Trump's agenda of higher tariffs and lower taxes risks making it difficult to keep inflation in check.

Trump officials say expanding American energy production and rolling back regulations could help lower prices. But Ip told us Trump's agenda of higher tariffs and lower taxes risks making it difficult to keep inflation in check.

Early polling indicates voters want to see prices drop quickly. A recent Reuters-Ipsos poll found that only 32 percent of respondents approved of the job Trump is doing so far on inflation. And a recent Gallup survey found that 20 percent of people rated the economy as excellent or good, which is lower than any point during Trump's first term, according to CNN.

Early polling indicates voters want to see prices drop quickly. A recent Reuters-Ipsos poll found that only 32 percent of respondents approved of the job Trump is doing so far on inflation. And a recent Gallup survey found that 20 percent of people rated the economy as excellent or good, which is lower than any point during Trump's first term, according to CNN.

Early polling indicates voters want to see prices drop quickly. A recent Reuters-Ipsos poll found that only 32 percent of respondents approved of the job Trump is doing so far on inflation. And a recent Gallup survey found that 20 percent of people rated the economy as excellent or good, which is lower than any point during Trump's first term, according to CNN.

As Ip explained to us, every president gets a honeymoon period when they're first elected, but Trump's may be wearing off.

As Ip explained to us, every president gets a honeymoon period when they're first elected, but Trump's may be wearing off.

As Ip explained to us, every president gets a honeymoon period when they're first elected, but Trump's may be wearing off.

One of the first actions President Trump took after he was inaugurated was signing an executive order titled Protecting Children from Chemical and Surgical Mutilation. The order banned the federal government from funding, sponsoring and supporting gender affirming care for kids, which includes things like puberty blockers, hormone treatments and certain surgeries.

One of the first actions President Trump took after he was inaugurated was signing an executive order titled Protecting Children from Chemical and Surgical Mutilation. The order banned the federal government from funding, sponsoring and supporting gender affirming care for kids, which includes things like puberty blockers, hormone treatments and certain surgeries.

One of the first actions President Trump took after he was inaugurated was signing an executive order titled Protecting Children from Chemical and Surgical Mutilation. The order banned the federal government from funding, sponsoring and supporting gender affirming care for kids, which includes things like puberty blockers, hormone treatments and certain surgeries.

Shortly after the order was signed, The New Yorker reported major hospitals in blue cities like New York, Los Angeles and Washington, D.C. began canceling appointments for patients receiving this type of care. And despite the fact that this month two separate federal judges temporarily blocked Trump's order, not all hospitals have rescheduled.

Shortly after the order was signed, The New Yorker reported major hospitals in blue cities like New York, Los Angeles and Washington, D.C. began canceling appointments for patients receiving this type of care. And despite the fact that this month two separate federal judges temporarily blocked Trump's order, not all hospitals have rescheduled.

Shortly after the order was signed, The New Yorker reported major hospitals in blue cities like New York, Los Angeles and Washington, D.C. began canceling appointments for patients receiving this type of care. And despite the fact that this month two separate federal judges temporarily blocked Trump's order, not all hospitals have rescheduled.

Surgeries were canceled at at least two of New York City's biggest hospital systems, NYU Langone and Mount Sinai, as they dealt with pressure from all sides.