Odaily News US President Trump said in a statement that gasoline prices have dropped to $1.98 per gallon, the lowest in recent years, food, energy, and mortgage rates have all fallen, employment is strong, and tariffs have brought in billions of dollars in revenue. He said that the current period is only a transitional stage, and the long-awaited price reduction for consumers has been achieved and inflation has disappeared, calling on the Federal Reserve to cut interest rates to further stimulate the economy.