President Donald Trump declared via Twitter that he is keeping perhaps his most famous campaign promise, claiming that “MEXICO IS PAYING FOR THE WALL!” through a recent trade agreement negotiated with Mexico. But economic and trade experts we interviewed said that’s not possible.
President Donald Trump distorted some facts about trade in a press conference announcing an agreement to replace the North American Free Trade Agreement with the United States, Mexico, Canada Agreement, or USMCA.
Here we highlight a number of key statistics about trade, and summarize some of the stories we have written when these facts have been misrepresented.
In making his case for renegotiating NAFTA, President Donald Trump told GOP donors that the U.S. has a trade surplus with Canada — but only because the trade balance “doesn’t include energy and timber.” That’s false.
Donald Trump’s once delayed, and much anticipated, speech on Hillary Clinton’s character, included numerous false and misleading statements.
Clinton and Sanders stretched the facts on the auto bailout, fracking, trade deals and more.
Real estate developer Donald Trump’s speech announcing he is running for the Republican nomination for president contained a number of false and misleading statements.
Barack Obama’s campaign is distributing a mailer in Ohio that plays upon anti-NAFTA feelings in the Buckeye State. But the flier is misleading: Obama is quoted as saying that “one million jobs have been lost because of NAFTA, including nearly 50,000 jobs here in Ohio.” But those figures are highly questionable and from an anti-NAFTA source.
Clinton’s spokesman says a newly surfaced memo proves that Obama’s campaign issued false denials about sending a private message to Canadian officials to disregard his criticisms of NAFTA. The Obama camp says it’s all a misunderstanding, and the Canadian embassy in Washington says it regrets the whole thing.