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Trump says ‘everybody has eggs now’ since prices have dropped a staggering 400%. But is his math scrambled?

Jing Pan

7 min read

Donald Trump

Anna Moneymaker/Getty Images

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High egg prices have surprised many Americans over the past few years — from viral TikToks showing $12 cartons to the question “Why are eggs so expensive?” climbing to the top of Google search trends. But according to President Donald Trump, the situation has taken a dramatic turn.

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“Remember eggs? We weren’t able to buy another egg for the next 20 years — they were so expensive, right?” Trump recently told reporters at the White House. “Eggs have come down 400%. Everybody has eggs now. They have eggs for breakfast again.”

A clip of the speech has gone viral on social media, with users questioning the math behind Trump’s claim. After all, a 100% drop would mean prices fell to zero. A 400% drop would imply prices have turned negative — which clearly hasn’t happened.

So, how much have egg prices actually dropped?

According to the U.S. Department of Agriculture’s Egg Markets Overview dated June 6, 2025, the national wholesale price for eggs is $2.63 per dozen. That’s down from $6.55 per dozen during the week ending Jan. 24, 2025 — a decline of roughly 60% since Trump’s inauguration. A sharp drop, no doubt, but a far cry from 400%.

Of course, eggs are just one part of the grocery bill, and food prices remain a burden for many American households. The Food in U.S. City Average Consumer Price Index has climbed roughly 26% over the past five years, according to the Bureau of Labor Statistics.

In other words, while headline inflation has cooled since peaking at a 40-year high of 9.1% in June 2022, food prices remain stubbornly high. The USDA projects overall food prices will rise another 2.9% in 2025.

The blunt reality is, inflation is still chipping away at Americans’ purchasing power. The good news? Throughout history, savvy investors have often found ways to shield themselves from inflation’s bite — regardless of who’s in the White House.

When it comes to preserving wealth and guarding against inflation, few assets have stood the test of time like gold.

Its appeal is simple. Unlike fiat currency, the yellow metal can’t be printed at will by central banks.