President Donald Trump made false claims about gas prices, stating that some states saw prices drop to $1.98 per gallon, which was debunked as inaccurate. The actual lowest average gas prices were $2.70 in Mississippi and Tennessee, with the national average at $3.17 per gallon. GasBuddy reported no stations selling below $2 on Wednesday, with the lowest price found at $2.19 in Texas. Trump’s misleading statements come amidst defending tariff plans criticized by Federal Reserve Chair Jerome Powell for potentially increasing prices and slowing economic growth. White House spokesperson Harrison Fields failed to substantiate Trump’s claims, instead making additional misleading statements, including incorrect assertions about gas prices under previous administrations. Gas prices today are notably higher than in past years when adjusted for inflation, disproving claims of record lows. De Haan from GasBuddy emphasized that current prices are far from record lows. In summary, Trump’s inaccurate statements about gas prices highlight ongoing concerns over the accuracy of information provided to the public regarding economic matters.