Although the 47th president aims to quickly lower gas prices, oil and gas analysts have argued that the price cuts he's promising would be too large for energy companies to sustain.

Trump has also suggested imposing tariffs on U.S. trading partners, especially China, which could push prices up for U.S. consumers.

In addition, he has promised a series of tax cuts that could put more money in the hands of consumers and businesses, which could give companies the ability to raise prices.

Trump's plan for immigration restrictions could possibly slow economic growth by removing consumers from the market, and deportations could also contribute to rising prices by creating supply shortages.