AP FACT CHECK: Trump’s Trade Theories Don’t Hold Water

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AP FACT CHECK: Trump spreads misinformation on tariffs that even his economic adviser doesn’t stand by.

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 · President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as.

 · WASHINGTON (AP) – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on Chinese goods.

AP Every time I read a criminal. bought stock in Innate in 2017. We don’t know exactly why they bought shares in an obscure Australian pharmaceutical company, though former Rep. Tom Price, who went.

AP FACT CHECK: Trump’s trade theories don’t hold water FILE – In this March 4, 2011, file photo, workers from the Dahon, the world’s largest maker of folding bicycles, assembles the bicycle wheels.

WASHINGTON (AP) – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on.

THE FACTS: This is not how tariffs work. China is not writing a check to the U.S. Treasury. The tariffs are paid by American companies, which usually pass the cost on to consumers through higher prices. One of the theories is that the higher prices will encourage consumers to buy goods made in the U.S. or elsewhere instead.

When sizing up the trade deficit, Trump always ignores trade in services – where the U.S. runs a surplus with China – and speaks only of goods. Even in that context, he misstated the imbalance.

 · AP FACT CHECK: Trump’s trade theories don’t hold water FILE – In this March 4, 2011, file photo, workers from the Dahon, the world’s largest maker of.

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WASHINGTON (AP) – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on Chinese goods. At stake in the rupture is a trading relationship between the world’s two largest.

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