The tariffs on steel imports benefited domestic steelmakers, but the president exaggerates the changes for the industry.
Trump’s Steel Industry Claims
Issues: tariffs
Harris Wrong on Autoworker Jobs
Democratic presidential candidate Kamala Harris wrongly claimed that “as many as 300,000 autoworkers may be out of a job before the end of the year.” That’s a high-end estimate for total job losses — not solely among autoworkers — due to the potential impact of the Trump administration’s trade policies, including actions not yet taken.
Trump’s Dubious Claims About China
In remarks to the press in Iowa and before departing for Iowa, President Donald Trump talked about ongoing trade negotiations with China, and the possibility of enacting further tariffs. But Trump distorted the facts on several points.
Photo Shoehorns Misinformation Into Tariff Debate
A manipulated photo circulating online falsely claims to show boxes of shoes for Ivanka Trump’s fashion line getting a special exemption from tariffs.
Economists: Tariffs Not Boosting GDP
Tariffs imposed by the Trump administration have a small, negative impact on gross domestic product growth, according to economists, the Congressional Budget Office, the International Monetary Fund and the top White House economic adviser. That contradicts President Donald Trump’s repeated claim that the tariffs have boosted the GDP.
Trump on Tariff Revenue
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.
Trump Wrong on China Trade, Again
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.
Old and New Claims in Trump’s CPAC Address
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.
Does China Pay Tariffs?
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.
FactChecking Trump on Trade
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.