Trump Takes Aim at Beef, Fuel Prices as Inflation Risks Mount

US President Donald Trump has mounted a new push to tackle affordability, taking aim at beef and gasoline amid surging consumer prices that may threaten his party’s hold on Congress.

Trump was poised to sign executive orders Monday intended to reduce beef prices, a White House official said, while he also voiced support for a gasoline-tax holiday to counter rising pump prices.

The president’s moves come ahead of a key inflation report on Tuesday that economists expect to show a sharply higher consumer price index after the Iran war triggered price surges that are rippling through manufacturing and farming, and ...