Trump Celebrates Strong Jobs Report, Predicts Lower Gas Prices Within 90 Days
President Trump touted a stronger-than-expected jobs report Friday while promising that fuel and fertilizer prices will fall significantly within the next three months as negotiations surrounding the Iran conflict move toward a resolution.
Speaking during a farmer roundtable in Chippewa Falls, Wisconsin, Trump highlighted May’s addition of 172,000 jobs and pointed to continued economic growth despite ongoing tensions in the Middle East.
“Hopefully you’re going to be voting Republican,” Trump told attendees as he campaigned alongside GOP candidates ahead of the midterm elections.
The president argued that recent increases in fuel and fertilizer costs were temporary consequences of military operations involving Iran and predicted relief was on the horizon.
“We’re at a point we’re going to come out of Iran very quickly, and it’s going to be very strong one way or the other,” Trump said. “We’re going to come out, and your fertilizer prices are going to go way down, just like they were four months ago.”
Addressing one farmer directly, Trump added, “Ninety days, watch what happens, you could be better — better than you were four months ago.”
Trump said energy and fertilizer costs had risen during the conflict but insisted they would soon retreat.
“Over the last couple of months since we went in for the military operation, you’ve seen fertilizer go up and you’ve seen the energy go up,” he said. “It’s going to come down to where it was, or lower.”
The president also used the event to highlight what he described as unexpectedly strong economic performance.
“I’m delighted to report that for the third month in a row the jobs numbers just smashed all expectations,” Trump said.
“And this is during a military conflict. I call it that because it’s really not that much of a war, but it’s a military conflict.”
Trump noted that the economy added 172,000 jobs in May, including 7,000 manufacturing jobs and 17,000 construction jobs.
“These are the strongest job numbers of the entire administration so far,” he said.
The president further touted wage growth among manufacturing workers and pointed to major private-sector investment announcements.
“We have $18 trillion coming into the United States,” Trump said. “Wages for workers continue to rise.”
Trump also highlighted recent stock market performance, telling attendees that retirement accounts have benefited from record highs in major indexes.
“Your 401(k)s, as you know, just hit a record high,” he said.
While discussing support for farmers, Trump suggested the administration could explore additional assistance if needed, while expressing confidence that lower fuel and fertilizer costs would ease pressure on the agriculture sector.
“What happened to you is artificial with the energy and with the fertilizer,” he said.
Agriculture Secretary Brooke Rollins echoed the president’s optimism and predicted record export levels for American agricultural products.
“We are going to break every record for dairy, for tree nuts, for corn, for ethanol, as we move the American farmers’ product, the best in the world, back out to the rest of the world,” Rollins said.
Trump also reiterated support for year-round sales of E15 gasoline and pointed to tax cuts enacted through last year’s One Big Beautiful Bill Act as part of his broader economic agenda.
Despite the administration’s positive economic messaging, recent polling has shown voters remain concerned about inflation and rising costs associated with the conflict in the Middle East.
Trump argued that Republicans remain better positioned to address those concerns than Democrats and urged voters to support GOP candidates in November’s midterm elections.
