Washington.- President Donald Trump ordered the elimination of regulations and other measures to reduce inflation, which closed at 2.9% in 2024, in one of the first decrees he signed after taking office.
The decree to “provide urgent price relief for American families and overcome the cost of living crisis,” orders the elimination of regulations imposed by the Biden administration, whom it blames for having “crushed” the productive system and caused high costs. to families.
Among other measures, the decree instructs the elimination of “harmful and coercive” environmental policies that contribute to increasing food and fuel costs.
In addition, it orders that measures be taken aimed at reducing the cost of housing, and that the real estate supply be expanded, pointing out that administrative costs represent 25% of the value of a new home.
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Also, Trump determines that unnecessary administrative expenses and any requirements that contribute to increasing health expenses or the price of appliances or other goods be eliminated.
The decree justifies the measures by arguing that the regulations introduced by the administration of former President Joe Biden entailed extra expenses for the average American household of almost $50,000.
With information from EFE
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