Trump Warns Gas Retailers to Cut Prices, Targets About $2.50 a Gallon

US President Donald Trump said on Monday local time that gasoline retailers must immediately lower fuel prices, warning they could face “big trouble” if they do not, according to 36Kr. In a post on Truth Social, Trump wrote that price gouging is “completely illegal” and said the target price should be set at around $2.50 per gallon.