Trade Scorecard True 0% 23 Checks Mostly True 0% 44 Checks Half True 0% 0 Checks Mostly False 0% 45 Checks False 0% 56 Checks Pants on Fire 0% 12 Checks For more details, see the Principles of PolitiFact All Fact-checks for Trade stated on January 16, 2026 in an email: “Trump’s $2,000 tariff dividend is live but you must act.” January 23, 2026 Donald Trump stated on December 9, 2025 in public events: The U.S. has received promises of investments totaling $18 trillion to $22 trillion since January. December 9, 2025 Donald Trump stated on November 12, 2025 in an X post: “My tariffs … are helping to slash the deficit this year by more than 25%.” November 14, 2025 stated on October 23, 2025 in a statement on X: An ad from the government of Ontario, Canada, “misrepresents” President Ronald Reagan’s April 25, 1987, address about tariffs. October 24, 2025 Ritchie Torres stated on July 20, 2025 in an interview on CNN's "State of the Union": “Since Donald Trump's inauguration, we have seen an 11% decline in the value of the dollar, the steepest decline in more than a half a century.” July 25, 2025 stated on July 20, 2025 in a social media post: “America had a trade surplus in ice cream in 2020 under President Trump's leadership, but that surplus turned into a trade deficit of $40.6 million under President Biden's watch.” July 24, 2025 stated on July 20, 2025 in an interview with CBS' "Face the Nation": Tariffs are “going to pay off our deficit.” July 22, 2025 stated on May 18, 2025 in remarks on NBC's "Meet the Press": “Gasoline prices have collapsed under President Trump." May 20, 2025 Donald Trump stated on May 8, 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.” May 16, 2025 stated on May 5, 2025 in a CNN NewsNight episode: “China makes 80% of all toys” and “90% of all Christmas goods” sold in the U.S. May 9, 2025 Load More Latest Articles Trump sees a future without federal income taxes, but the tariff math doesn’t add up • December 3, 2025 Trump propone pagos de $2,000 a todos los estadounidenses. ¿Es posible? • November 12, 2025 Can Trump create $2,000 tariff dividends, 50-year mortgages or direct health care payments? • November 11, 2025 Trump proposed $2,000 payments for Americans from tariff dividends. Would that work? • November 10, 2025 Republicans say latest US consumer price report is a boon. Democrats say it’s a bust. Which is it? • August 14, 2025 Donald Trump’s tariff powers face a high-stakes legal test • July 29, 2025 PolitiFact answers reader questions about the Big Beautiful Bill • July 16, 2025 Trump launched the MAGA movement 10 years ago today. Have his priorities changed? • June 16, 2025 What is the Court of International Trade, which ruled against Trump’s tariffs? • May 29, 2025 9 charts show how consumers, businesses have soured on the economy in Trump’s first 100 days By Louis Jacobson • April 28, 2025