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Search results for "A year after Liberation Day, Trump's tariffs have done 'significant damage' to the U.S. economy"

People (28)

Fact-checks (25823)

Jared Polis stated on May 15, 2024 in an X post:
Tariffs are a “direct, regressive tax on Americans” and President Joe Biden’s new tariffs on Chinese goods will “hit every family.”
By Louis Jacobson, Samantha Putterman• May 17, 2024
Peter Navarro stated on August 18, 2019 in an interview:
U.S. tariffs on China are "not hurting anybody" in the United States.  
By Tom Kertscher• August 20, 2019
Karoline Leavitt stated on March 11, 2025 in a White House press briefing:
“Tariffs are a tax cut for the American people.”
By Louis Jacobson• March 13, 2025
Ben Sasse stated on May 31, 2018 in a statement:
"We’ve been down this road before—blanket protectionism is a big part of why America had a Great Depression."
By Louis Jacobson• May 31, 2018
Charles Schumer stated on April 27, 2025 in an interview on CNN's "State of the Union":
“It's estimated” that President Donald Trump’s tariffs will mean “American families would have to pay about $4,000 more a year.”
By Louis Jacobson• May 5, 2025
Donald Trump stated on May 09, 2019 in remarks at the White House:
Tariffs are "paid for mostly by China, by the way, not by us."
By Louis Jacobson• May 14, 2019
Ted Cruz stated on May 01, 2016 in an interview on "Meet the Press":
Says Donald Trump’s "only economic agenda is imposing massive taxes on the American people with a 40 percent tax hike of a giant tariff."
By Linda Qiu• May 1, 2016
Hillary Clinton stated on June 02, 2016 in a foreign policy speech:
"A trade war is something very different (than curbing new trade agreements). We went down that road in the 1930s. It made the Great Depression longer and more painful."
By Louis Jacobson• June 6, 2016
Joe Biden stated on June 11, 2019 in a campaign speech:
"In the Obama-Biden administration, we got China to cut cyber-theft -- it's gotten significantly worse under this administration."
By Tom Kertscher• June 14, 2019
Donald Trump stated on May 08, 2025 in an event in the White House:
Declining cargo traffic at U.S. ports “means we lose less money. … When you say it's slowed down, that's a good thing.”
By Louis Jacobson• May 16, 2025
Kamala Harris stated on June 01, 2019 in a speech at the California Democratic Party Convention:
President Trump’s tariffs are "taking $1.4 billion out of working people’s pockets every month."
By Chris Nichols• June 10, 2019
Donald Trump stated on April 08, 2025 in a speech:
The U.S. is “taking in almost $2 billion a day in tariffs.”
By Amy Sherman• April 10, 2025
Kamala Harris stated on August 22, 2024 in her acceptance speech at the Democratic National Convention:
Former President Donald Trump "intends to enact what, in effect, is a national sales tax ... that would raise prices on middle-class families by almost $4,000 a year."
By Louis Jacobson• August 30, 2024
Noah Smith stated on March 07, 2018 in a Bloomberg View column:
"Since 1990, production of metals in the U.S. has held roughly constant, but the number of people employed in the industry has fallen steadily."
By Louis Jacobson• March 8, 2018
JD Vance stated on August 25, 2024 in an interview on NBC's "Meet the Press":
“Anything that you lose on the tariff from the perspective of the consumer, you gain in higher wages, so you're ultimately much better off.”
By Louis Jacobson• August 29, 2024
Joe Biden stated on June 24, 2020 in an ad:
“Trump lost a trade war that he started.”
By Louis Jacobson• June 30, 2020
Donald Trump stated on January 02, 2019 in a tweet:
"Mexico is paying for the Wall through the new USMCA Trade Deal."
By Miriam Valverde• January 4, 2019
Jared Moskowitz stated on May 01, 2025 in an interview on CNN:
Canadian tourism to Florida has declined by 80%.
By Amy Sherman, Loreben Tuquero• May 7, 2025
Anthony Scaramucci stated on May 11, 2019 in an interview:
China’s developing country status in the World Trade Organization "means they can tariff and embargo."
By John Kruzel• May 15, 2019
Kirsten Gillibrand stated on March 19, 2026 in a press release:
“President Trump’s tariffs are costing New York households an estimated $4,200 annually.”
By Austin Townley• May 21, 2026

Articles (8458)

Year of the Lies: Farmer says some Trump tariff statements ‘as far from the truth as you can get’

By Amy Sherman• December 16, 2025

PolitiFact readers’ feedback in the first 100 days of Trump presidency

By Josie Hollingsworth• April 21, 2025

Did Trump impose ‘the largest tax hike in our lifetime’? How it compares, as it’s currently proposed

By Grace Abels• April 7, 2025

On International Fact-Checking Day, PolitiFact explains the truth in Trump’s tariffs agenda

By Katie Sanders• April 2, 2025

Can President-elect Donald Trump enact tariffs without Congress? And can anyone stop him?

By Louis Jacobson• December 2, 2024

9 charts show how consumers, businesses have soured on the economy in Trump’s first 100 days

By Louis Jacobson• April 28, 2025

The effects of Donald Trump's trade war

By Manuela Tobias• July 30, 2018

What is the bond market, and why is it so important for the economy?

By Louis Jacobson• April 15, 2025

New Trump tariffs could put even more downward pressure on economy because they’re less targeted

By Louis Jacobson• January 29, 2025

Supreme Court strikes down use of primary law Donald Trump used to impose tariffs

By Louis Jacobson• February 20, 2026

Was NAFTA 'worst trade deal ever'? Few agree

By Jon Greenberg• September 29, 2016

Republicans say latest US consumer price report is a boon. Democrats say it’s a bust. Which is it?

By Samantha Putterman• August 14, 2025

Is Donald Trump keeping his promises on immigration, tariffs and DOGE?

By Louis Jacobson, Maria Ramirez Uribe, Amy Sherman• March 3, 2025

What is a recession, and is it tied to stock market declines? What to know after Trump’s tariffs

By Louis Jacobson• April 7, 2025

Donald Trump has floated big tariffs. What could the impact be?

By Louis Jacobson• June 21, 2016

In Context: What Justin Trudeau said that made Donald Trump angry

By Manuela Tobias• June 11, 2018

Trade and tariffs in 5 charts: A 2018 midterm report

By Manuela Tobias• September 24, 2018

Explained: How Trump and Biden would confront China

By Noah Y. Kim• September 14, 2020

Donald Trump’s tariff powers face a high-stakes legal test

By Louis Jacobson• July 29, 2025

Are other countries ‘cheating’ the U.S. on trade?

By Louis Jacobson• April 9, 2025