On the eve of the latest round of U.S.-China trade talks, President Donald Trump falsely claimed that the U.S. collects “over $100 Billion a year in Tariffs.” The U.S. collected $41 billion in fiscal year 2018, and has collected $34.7 billion through the first six months of this fiscal year.
President Trump falsely claimed that the U.S. has “never taken in 10 cents from China” in tariffs, but “now we’re taking in billions and billions of dollars.” The U.S. has collected billions in customs duties on Chinese imports for years, although the amount has increased since the trade war with China began.
In a two-hour address to the Conservative Political Action Conference on March 2, President Donald Trump made questionable and false claims about the fight against ISIS, tariffs and African American income. He also repeated a bevy of claims we’ve debunked before.
President Donald Trump is fond of saying that China is paying the U.S. billions of dollars in increased tariffs. Not true. Tariffs are taxes paid by U.S. importers in the form of customs duties, and to some extent by U.S. consumers in the form of higher prices.
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.
At a United Nations meeting, President Donald Trump claimed the U.S. “found that China has been attempting to interfere in our upcoming 2018 election.” But the president offered no evidence of covert actions, such as the kind that Russia engaged in during the 2016 election.
In this week’s fact-checking video, CNN’s Jake Tapper looks at two of President Donald Trump’s recent claims about trade.
Three weeks after the Trump administration imposed a 30 percent tariff on imported solar energy cells and panels, the president claimed that “a lot of places are opening up” to “make solar panels again.” Two weeks later, he said that “we’re opening up at least five plants,” and by mid-April, the number had grown to “seven or eight.”
In a campaign speech supporting the Republican candidate in a special House election in Pennsylvania’s 18th District, President Donald Trump made several false and misleading statements on a range of topics, from drug smuggling to the stock market.