Latest Fact-Checks In Trade

Clear
stated on January 16, 2026 an email
“Trump’s $2,000 tariff dividend is live but you must act.”
False
By Paul Specht • January 23, 2026
Donald Trump
Donald Trump
stated on December 9, 2025 public events
The U.S. has received promises of investments totaling $18 trillion to $22 trillion since January.
False
By Louis Jacobson, Nick Karmia • December 9, 2025
Donald Trump
Donald Trump
stated on November 12, 2025 an X post
“My tariffs … are helping to slash the deficit this year by more than 25%.”
False
By Louis Jacobson • November 14, 2025
stated on July 20, 2025 an interview with CBS' "Face the Nation"
Tariffs are “going to pay off our deficit.”
False
By Louis Jacobson • July 22, 2025
Donald Trump
Donald Trump
stated on May 8, 2025 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.”
False
By Louis Jacobson • May 16, 2025
Donald Trump
Donald Trump
stated on April 9, 2025 remarks at a White House event
In 2024, “China made $1 trillion off trade with the United States.”
False
By Louis Jacobson • April 11, 2025
Donald Trump
Donald Trump
stated on April 8, 2025 a speech
The U.S. is “taking in almost $2 billion a day in tariffs.”
False
By Amy Sherman • April 10, 2025
Karoline Leavitt
Karoline Leavitt
stated on March 11, 2025 a White House press briefing
“Tariffs are a tax cut for the American people.”
False
By Louis Jacobson • March 13, 2025
Facebook posts
Facebook posts
stated on June 13, 2024 a post on Facebook
“Saudi Arabia will stop using the US dollar for oil sales and will not renew the 50-year petro-dollar agreement with the U.S.”
False
By Madison Czopek • June 20, 2024
SFA Fund
SFA Fund
stated on December 28, 2023 a campaign ad
Gov. Ron DeSantis “called China ‘Florida’s most important trading partner.’”
False
By Louis Jacobson, Samantha Putterman • January 4, 2024
Vivek Ramaswamy
Vivek Ramaswamy
stated on October 13, 2023 a speech at the First in the Nation summit in Nashua, N.H.
"95% of over-the-counter pharmaceuticals" in the U.S. come from China.
False
By Louis Jacobson, Samantha Putterman • October 26, 2023
Donald Trump
Donald Trump
stated on July 29, 2023 a speech
Says Gov. Ron DeSantis “opposed my China tariffs and he heartlessly opposed” $28 billion for farm relief, which was paid for by China.
False
By Samantha Putterman • August 8, 2023
Mike Pence
Mike Pence
stated on March 7, 2022 an ad from Advancing American Freedom
Joe Biden's cancellation of the Keystone pipeline "dramatically increased Americans' dependence on Russian oil."
False
March 11, 2022
Stand Up To China
Stand Up To China
stated on January 20, 2022 an ad
Build Back Better “would be a huge payday for Chinese manufacturing” and “would fill our streets with cars made with Chinese parts.”
False
February 28, 2022
Sean Hannity
Sean Hannity
stated on December 1, 2021 a TV segment
"If you look pre-COVID" under President Donald Trump, "we didn't import a single barrel of oil from Saudi Arabia.”
False
By Bill McCarthy • December 2, 2021
Instagram posts
Instagram posts
stated on October 21, 2021 an Instagram post
Cargo ships “can’t get into port” because of Donald Trump’s executive order 13959.
False
October 25, 2021
Viral image
Viral image
stated on October 6, 2021 a Facebook post
Photo shows hundreds of “sitting ships” waiting to dock at U.S. ports.
False
By Samantha Putterman • October 13, 2021
Facebook posts
Facebook posts
stated on March 29, 2021 a Facebook post
A map shows “all the cargo ships backed up by the Suez Canal. Get ready for shortages and prices to skyrocket.”
False
By Gabrielle Settles • March 31, 2021
Facebook posts
Facebook posts
stated on February 19, 2021 a Facebook post
“Oil is now $61.30 a barrel and rising drastically! On Jan. 5, it was about $25 a barrel.”
False
February 24, 2021
Chris Jacobs
Chris Jacobs
stated on June 17, 2020 an ad
“As a lawyer working in Korea, Nate McMurray helped send American jobs to Asia”
False
By Jill Terreri Ramos • June 20, 2020
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