President Trump told McDonald’s owners, operators, and suppliers on Monday that prices will decline, delivering remarks at the fast-food chain’s Impact Summit in Washington, D.C.

The event came amid ongoing national discussions about inflation, the cost of living, and economic pressures affecting consumers.

“Prices are coming down,” President Trump said during his address.

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“I will tell you that nobody has done what we’ve done in terms of pricing,” Trump said.

“We took over a mess. We had the highest inflation in the history of our country … and now we have normal inflation.”

Inflation measured 3 percent in September over the previous 12 months, the highest rate recorded so far this year.

Food prices remain a significant point of concern for consumers.

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According to the Economist’s “Big Mac” index, the average price of the McDonald’s burger was $6.01 in July, an increase from $5.69 one year earlier.

Data from the Federal Reserve Bank of St. Louis showed that ground beef averaged $6.32 in September, compared to $5.67 at the same time last year.

Last week, the administration adjusted tariff rates on imports of beef, coffee, tropical fruits, and other food products as part of an effort to address affordability issues.

“We have it down to a low level,” Trump said of inflation.

“But we’re going to get it a little bit lower. We want perfection.”

Before a room of McDonald’s franchise leaders, Trump described himself as “one of your all-time, most loyal customers.”

He said McDonald’s CEO Chris Kempczinski told him that “prices at McDonald’s are coming down,” referencing ongoing cost adjustments within the company.

Trump also highlighted the administration’s economic policies, including investment and trade decisions.

He said the country would have faced significant financial challenges had he not won the 2024 election.

“You are so damn lucky that I won that election,” Trump said.

During the 2024 campaign, Trump visited a McDonald’s in Pennsylvania, where he served french fries.

He referenced that moment in his speech, saying he was “the very first former McDonald’s frycook to ever become president of the United States,” adding, “It was not that easy!” in reference to working the drive-thru.

Trump told the audience that McDonald’s employees have a unique view of everyday American life.

“Before the sun rises, you’re serving hot coffee to construction workers, nurses and police officers on the way to the job,” he said.

“In the evening, you stand ready with the fast dinner and the smile for busy moms and their children as they race from school to soccer practice. And late at night your lights are on, and the only one still glowing when the long haul trucker pulls up for a good meal and the best Coca-Cola in America.”

Trump also mentioned his preferred menu item, saying, “I like the fish,” in reference to McDonald’s Filet-O-Fish sandwich.

He added, “You could do a little bit more tartar sauce.”

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