The United States had a trade surplus with China for passenger cars of $8.9 billion in 2017. Exports of cars to China totaled $10.5 billion, while imports from China were $1.6 billion. Yet President Donald Trump claimed that China “won’t take” U.S. cars.
This week, CNN’s Jake Tapper and FactCheck.org look at a claim that President Donald Trump has made more than once this month about U.S.-Canadian trade.
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.
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.
President Donald Trump claimed the U.S. has “large trade deficits with Mexico and Canada,” which isn’t accurate. The U.S. actually runs a small trade surplus with Canada, and the deficit with Mexico isn’t all that large, relatively speaking.
This video reviews President Donald Trump’s claims in the State of the Union about trade, job creation, auto plants, wages, immigration and U.S. aid to developing countries.
As President Donald Trump listed the accomplishments of his trip to Asia, one example remains a mystery. “Vietnam is ordering at least $12 billion worth of Boeings,” he said. But there is no evidence of that.
When it comes to litigation brought to the World Trade Organization for dispute resolution, the U.S. wins the vast majority of cases it brings, and it loses most of the cases brought against it. That’s generally how other countries fare before the WTO as well.
As a candidate, Donald Trump issued a “100-day action plan to Make America Great Again.” He has kept some of those promises, broken a few, and many are still a work in progress.
President Donald Trump has said that what Canada has “done to our dairy farm workers is a disgrace” and that “dairy farmers in Wisconsin and upstate New York … are getting killed by NAFTA.” But that trade agreement isn’t what’s hurting farmers in the current dispute.