Trump directs US government to cut consumer costs, gives no details

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January 20, 2025 12:17 PM EST

U.S. President Donald Trump reacts after being sworn in on the day of his Presidential Inauguration at the Rotunda of the U.S. Capitol in Washington, U.S., January 20, 2025. REUTERS/Kevin Lamarque/Pool

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday called on federal government agencies to take action aimed at lowering American consumer costs, but gave no other details, according to a White House document released on Monday.

"All agencies will take emergency measures to reduce the cost of living," the document, released moments after Trump was sworn in, said.

(Reporting by Jarrett Renshaw and Susan Heavey; Editing by Nia Williams)


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