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Jun 1, 2025  |  
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Mallory Wilson


NextImg:Vance says lowering grocery prices will ‘take a little bit of time’

Vice President J.D. Vance said that grocery prices will come down, but told his interviewer that he and President Trump have been in power less than a week.

When asked Sunday by Margaret Brennan on CBS News’ “Face the Nation” which of the flurry of executive orders that President Trump signed in his first week in office will lower prices, Mr. Vance concluded his answer with: “Rome wasn’t built in a day.”

“The president has been president for all of five days. I think that in those five days, he’s accomplished more than Joe Biden did in four years,” he said.



While acknowledging that economic improvements take longer than a week, Mr. Vance defended the administration’s moves in those few days, saying that “prices are going to come down, but it’s going to take a little bit of time.”

“A number” of Mr. Trump’s executive orders “have caused, already, jobs to start coming back into our country, which is a core part of lowering prices,” Mr. Vance said.

“More capital investment, more job creation in our economy is one of the things that’s going to drive down prices for all consumers, but also raise wages, so that people can afford to buy the things that they need,” he said.

He said specifically that all of the executive orders signed pertaining to energy will help lower prices.

“One of the main drivers of increased prices under the Biden administration is that we had a massive increase in energy prices,” he said. 

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Donald Trump has already taken multiple executive actions that are going to lower energy prices, and I do believe that means consumers are going to see lower prices at the pump and at the grocery store, but it’s going to take a little bit of time,” Mr. Vance said.

• Mallory Wilson can be reached at mwilson@washingtontimes.com.