Fact check: Trump’s false claims about tariffs and trade:
President Donald Trump made a series of false claims about tariffs and trade – most of which he has ...
cnn.com/2025/04/02/politics/fact-check-trump-tariffs-trade/
Photo: cnn.com · view article
Fact-check: Trump’s false claims on tariffs and tradeIn a Wednesday speech, Donald Trump announced global tariffs and repeated several claims he had made previously.
- Canada applies tariffs above 250% to some US dairy products, but tens of thousands of metric tons of US milk enter tariff-free annually.
- Official US statistics put the 2024 Canada deficit at $35.7 billion, versus $70.6 billion for goods alone.
- US importers pay the tariffs; studies found Americans bore the overwhelming share of costs from Trump’s China tariffs.
- US inflation reached 9.1% in June 2022, a 40-year high, but remained below the 23.7% record set in 1920.
we subsidize a lot of countries— Donald Trump; quoted in a CNN fact check about his tariffs and trade claims from a speech announcing sweeping global tariffs.
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Key FactsCNN fact-checks nine false Trump claims about Canada
Mar 12, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: cnn.com
Summary created with AI assistance · Source: cnn.com
- One recent poll found 85% opposed and 9% in favor of Canada becoming the 51st US state.
- Official US figures put the 2024 goods-and-services trade deficit with Canada at $35.7 billion.
- The World Bank ranked Canada 102nd among 137 countries in 2022, with a lower average tariff than the US.
- Canada bought about $28.4 billion in US agricultural exports in 2024, ranking as the world’s second-largest buyer.
ONE OF THE HIGHEST TARIFFING NATIONS ANYWHERE IN THE WORLD.— Donald Trump, in a social media post
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