Trump says Giant Eagle will cut prices on 300 products through Labor Day

Trump the president praised the grocery chain and Walmart for answering his call to lower costs, and urged other chains to follow before the summer ends.

First Published: July 19, 2026, 4:43 PM ET

WASHINGTON D.C. — Donald Trump said Giant Eagle will lower prices across more than 300 products this summer.

Here is the full post on truthsocial: “Wonderful news! I have just been informed that Giant Eagle, a GREAT American Grocery Company, will be lowering Prices, by a lot, across more than 300 products this Summer, through Labor Day, to help hardworking American families. Giant Eagle, like Walmart, is stepping up in a big and bold way to answer my call to lower costs for working families. We will continue to bring Prices DOWN, just like Oil, Gas, Eggs, and Prescription Drugs, all of which are dropping FAST after the disaster we inherited from Sleepy Joe Biden. Other Grocery Chains must immediately follow the lead of these absolute Patriots at Giant Eagle and Walmart. Together, we will make America stronger and more affordable than ever before, and get rid of the stench and Inflation perpetrated on us by the Dumocrats and the Sleepy Joe Biden Administration! Trump”

Trump said the discounts would run through Labor Day and framed them as a response to his push to cut costs for working families. He tied the announcement to falling prices for oil, gas, eggs and prescription drugs, and he called on rival chains to match the move. He blamed inflation on the prior administration.

The stakes fall on shoppers and grocery operators. Consumers stand to save on selected items during the promotional window, while grocery chains face pressure to protect margins and market share. Giant Eagle operates supermarkets and fuel stations across Pennsylvania, Ohio, West Virginia, Indiana and Maryland, a regional footprint far smaller than Walmart, the largest retailer in the United States by revenue.

Grocery prices have shaped consumer sentiment for years. The Consumer Price Index tracks food-at-home costs, which rose sharply during 2022 and 2023 before the pace of increases slowed. Retailers use seasonal price rollbacks as a competitive tool, and summer through Labor Day marks one of the busiest shopping stretches for grocers.

For the average reader, a temporary price cut on hundreds of items could trim a weekly grocery bill, though the savings depend on which products qualify and how deep the reductions run. Trump did not specify the exact items or the dollar amounts.

Has this happened before? This has happened before. Trump has repeatedly praised companies that announce price cuts or domestic investment, and he referenced Walmart in the same post as a chain that answered his call. Such announcements form a recurring theme in his economic messaging.

The next move rests with Giant Eagle and other grocery chains that Trump urged to follow. A date for any competing announcement has not been announced.

Presidential pressure on private companies over prices is not the first time a White House has leaned on business to shape the cost of living. In 1971, President Richard Nixon imposed a 90-day freeze on wages and prices to combat inflation, a step that briefly slowed price growth before pressures returned. In 1962, President John F. Kennedy publicly forced U.S. Steel to reverse a price increase within days. Both episodes showed that direct pressure on companies can move prices in the short term, yet neither president tamed inflation for the remainder of his time in office.