Trump vows 'prices are coming down' in speech to McDonald’s owners: 'You are so lucky that I won'

WASHINGTON, DC: President Donald Trump pledged on Monday, November 17, that prices are coming down in a speech to owners, operators, and suppliers of his beloved McDonald’s.

The POTUS address at the fast-food giant’s Impact Summit in Washington, DC, comes as concerns over his handling of the economy and the cost of living have increased.

Donald Trump calls himself McDonald's 'most loyal customers'

Donald Trump said during his address, "Prices are coming down."

"I will tell you that nobody has done what we’ve done in terms of pricing. We took over a mess. We had the highest inflation in the history of our country … and now we have normal inflation," he added.

Interestingly, Inflation ticked up to 3 percent in September 2025 over the past 12 months – the highest rate since the start of the year. 

Moreover, The Economist’s famed "Big Mac" index, which tracks the average price of the Golden Arches’ iconic burger, shows the sandwich cost $6.01 in July 2025, up from $5.69 a year ago.

The price increase comes as the cost of ground beef rose to an average of $6.32 in September — up from $5.67 a year before, according to data from the Federal Reserve Bank of St Louis.

Meanwhile, the Trump administration eased tariffs on imports of beef, coffee, tropical fruits, and other food products last week to help ease affordability concerns. 

Talking about inflation, Trump said, "We have it down to a low level. But we’re going to get it a little bit lower. We want perfection."

The POTUS also described himself to the audience as "one of your all-time, most loyal customers" and said he’d heard from CEO Chris Kempczinski that "prices at McDonald’s are coming down" as well.

Donald Trump touts his investment and trade deals

During his address, Donald Trump touted his investment and trade deals, and argued that the economy would’ve been a "catastrophe" and the country may have gone "bankrupt" if he had lost to former Vice President Kamala Harris in the November elections.

He said, "You are so damn lucky that I won that election."

Trump added that he’s "the very first former McDonald’s frycook to ever become president of the United States." He served French fries at a Pennsylvania McDonald’s during the 2024 election campaign.

“It was not that easy!” the POTUS said of working the drive-thru.

Moreover, Trump argued that McDonald’s employees "know the people of our country better than anybody." 

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

The POTUS added, "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."