![\"US](\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/05\/cb83f8259cc46b58293672c19f97e7ef.jpeg\")
US Vice President JD Vance (L) told reporters that the administration was ‘hyper aware’ of the high inflation issue (Kent NISHIMURA) \u00b7 Kent NISHIMURA\/AFP\/AFP <\/p>\n US Vice President JD Vance (L) told reporters that the administration was ‘hyper aware’ of the high inflation issue (Kent NISHIMURA) \u00b7 Kent NISHIMURA\/AFP\/AFP <\/p>\n
In a rare departure from the Trump administration’s typically triumphant tone, US Vice President JD Vance on Wednesday acknowledged that consumer inflation was “not great” in April.<\/p>\n
US year-on-year consumer inflation came in at 3.8 percent in April,\u00a0a three-year high, fueled by energy price increases due to US President Donald Trump’s war on Iran.<\/p>\n
On Wednesday, the government reported wholesale price inflation of six percent year-on-year, its highest level since December 2022, with analysts warning high fuel prices were beginning to have knock-on effects on other products.<\/p>\n
“Yes, the inflation number last month was not great,” Vance told reporters at the White House.<\/p>\n
“We know that we have a lot of work to do in order to deliver on the prosperity that the American people deserve.”<\/p>\n
Vance said Trump was “hyper aware” of the issue. A day earlier, Trump had insisted high inflation was only “short term.”<\/p>\n
Asked by a reporter if Americans’ financial situation motivated him to make a peace deal with Iran, Trump offered a robust response on Tuesday.<\/p>\n
“Not even a little bit. That only thing that matters when I’m talking about Iran: they can’t have a nuclear weapon,” he said.<\/p>\n
“I don’t think about Americans’ financial situation, I don’t think about anybody.”<\/p>\n
Asked about the president’s statements, Vance denied the president said the words and insisted the question was a “misrepresentation” of Trump’s quote.<\/p>\n
With campaigning for November midterm elections in full swing, Democratic Party leaders seized on Trump’s words to accuse the Republican of indifference to the soaring cost of living.<\/p>\n
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