Fact-checking (yet again) Donald Trump on China tariffs

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President Trump has heralded the benefits of his tariffs. Facts first: US consumers bear the cost of these tariffs, not China or any other foreign country, and studies have found that the tariffs have harmed the US economy, not helped.

For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday. 325 Billions Dollars....

— Donald J. Trump May 5, 2019 For the better part of a year Trump has heralded the benefits of his tariffs, claiming that foreign companies and countries pay billions of dollars into the US Treasury. Twice on Sunday, the President claimed that China is paying the cost of these tariffs and that"ariffs paid to the USA had little impact on product cost, mostly borne by China." Trump also claimed that tariff payments are"partially responsible for our great economic results.

 

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Once again... is working hard for communist China.

I'd be curious to see the movement in his, and his cronies, stock portfolios leading up to and following tRumps oral diarrhea on tariffs

Unfortunately he is not understanding the situation of market

Wrong wrong wrong. When China’s items are much more expensive, we buy domestic equivalent

Economy is booming and cnn is still losing. Network of hate and stupidity.

CNN睜眼說瞎話

How? The economy is booming! Another piece of FAKE NEWS!

When will the GOP give Trump a course on Tariffs 101? We the people are the ones that pay the price. China does not pay the US government for tariffs the people pay higher prices. Trump is just inflicting pain for all of us expecially the farmers.

LMAO Does anyone else see the irony when cnn starts an article with Facts First?

Fact check back. Sometimes you have to accept short term pain for long term gain. But you have to look past the end of your nose to see that.

U.S. Consumers are not immune of these stupid Trump Attempts to Distract the Country from the Meuller Report!Wag the Dog w/Aircraft Carrier Groups that is extremely Expensive & Treasonous!The N.Korea Defiance & not a Peep!Destroy our Trade Economic Advantage in order to distract!

Trump is a COMPLETE INCOMPETENT

This has everything to do with the obama administration, wait they wanna take credit for this too right.?

Please inform Trump supporters who think they have won a lottery of wealth from Trump! They have jobs and the world is right. They don't care what Trump does. If they lose their jobs!!! Maybe they might care!

here is the memo that you didn’t receive. America doesn’t care about your opinion concerning our economy. The enquirer has more credibility

True enough. Also true of the higher corporate income taxes clamored for by most of the same people. Interesting that those are treated so differently. They are fundamentally the same thing.

Economy is thriving

Yeah but they feel good to people that don't understand and think that it will spur buy American even if don't mfg the stuff anymore.

Yea, because the economy isn’t booming or anything.🙄

THOSE STUDIES SEEM TO BE IN CONTRADICTION WITH YOUR OWN CNN POLLS ON HOW TRUMP IS HANDLING THE ECONOMY....IN WHICH 56% APPROVE OF HOW TRUMP IS HANDLING ECONOMY....SO PLEASE CNN....HELP US UNDERSTAND....THE CONTRAST IN YOUR REPORTING. GDP 3.2% 56% APPROVE 3.6% UNEMPLOYMENT RATE?!

Hi I’m CNN. I’m a fake news network that creates lies about our great president

FakeNews I stay with real news: 3.2% GDP.

So we should just bend over the liberal way? NO THANKS

fakenews The goal is to force negotiations, which seems to be working. Not a money maker. Keep misinforming your sheep.

You seem to want China to do better than the USA. Oh yeah I forgot you just want your President to fail. Doesn't matter about anything else does it

CNN...why can't you spell out in 280 characters or less that Donald is f*cking with the truth and Americans sooner or later will be paying 10 to 25 % more for everything they buy as most of it still cums from CHI NAH 🥮--Mar-a-Lago Twinkeeeeeeeeeee

U guys r nuts. All u do is throw punches 24/7 at Trump.He is racist, sexist, Russian agents, kkk, kicking ppl off HC, all bs lies to make ppl hate him. Probably 500 tweets everyday & then y’all cry when he says something back. As if u r not the one throwing 99% of the punches.

What studies?

Remember --- THERE IS NO TRADE WAR!!!! —-cadetbonespurs ….Dictionary trade war countries try to damage each other's trade, typically by the imposition of tariffs or quota restriction ----okay... maybe if you are going to get all “definitiony” about it…. —-cadetbonespurs

No shit!

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