Thread: Some of Trump's lies in 2025
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Old 18 Hours Ago   #9
Thiệu Ngô
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Stated on April 8, 2025 in a speech:

The U.S. is “taking in almost $2 billion a day in tariffs.”

Trump said, "We’re taking in almost $2 billion a day in tariffs."

Trump provided no evidence for his statement. It’s possible he applied past trade data to project the impact of his tariffs that have since been rescinded. But such a formula assumes that trade would remain constant in spite of higher tariff rates, and economists said that defies logic.

It will take time to know the tariffs’ impact, but he has not proven that they have already resulted in almost $2 billion a day. The responsibility is on Trump to explain how he arrived at the $2 billion a day figure and he has not done that.



False.
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