Several times over the last week, President Donald Trump has assured Americans that the prices of eggs and gasoline are down significantly. But he has made false claims about the cost of both products.
Trump’s False Claims about Gas, Egg Prices
Stories by D'Angelo Gore
Staff Writer, FactCheck.org
Graphic Cites FactCheck.org in Misleading Biden, Trump Economy Comparison
A graphic circulating on social media compares Donald Trump’s and Joe Biden’s economic records as president and cites FactCheck.org as the source. But two of its figures are way off, and others are out of date — creating a more unfavorable comparison for Trump.
Trump Expands on Dubious Daily Tariff Revenue Claim
President Donald Trump has added to his unsupported claim that the U.S. is making “$2 billion a day” from tariffs by saying that the country was losing $2 billion or $3 billion “a day” under President Joe Biden. Economists told us that Trump appears to be wrongly comparing a very high – and unlikely – estimate of potential daily revenue from his tariffs with a figure reflecting the average daily U.S. trade deficit during Biden’s last year in office.
Trump Uses Questionable Figure for U.S. ‘Plants and Factories’ Lost Since NAFTA
When President Donald Trump has talked about the need for higher tariffs on imports of foreign goods because of a decline in American manufacturing, he has often made the claim that “90,000 plants and factories” in the U.S. closed after the North American Free Trade Agreement took effect in 1994. But that figure is questionable, and experts say other factors, such as automation, had more to do with the large decline in U.S. manufacturing jobs than trade.
Independent Analyses Contradict Navarro’s $6 Trillion-Plus Tariff Revenue Estimate
Before President Donald Trump paused some new tariffs that he unveiled on April 2, several economic groups estimated that tariffs he has announced this year could raise between roughly $2 trillion and more than $4 trillion in federal revenue over a 10-year period. But that’s well short of the $6 trillion or $7 trillion that White House trade adviser Peter Navarro claimed the tariffs would raise to help pay for tax cuts, including an extension of the 2017 tax law.
Trump’s Misleading Tariff Chart
In his Rose Garden announcement of sweeping new “reciprocal tariffs,” President Donald Trump held aloft a misleading chart that claimed to give a breakdown of the tariffs other countries charge the U.S. and the corresponding tariff that the U.S. will now impose against those countries.
Q&A on Egg Prices
President Donald Trump campaigned in 2024 on lowering egg prices, which increased significantly toward the end of the term of his predecessor, former President Joe Biden. Where do prices stand now? What caused them to spike last year? We answer those questions and more.
Trump Misleads on Jobs
Following the release of the latest jobs report on March 7, President Donald Trump suggested that his administration — which has been in office since Jan. 20 — is responsible for significant job growth. The growth in February was steady, but to support his claims, Trump made several misleading statements about the economy he inherited.
Full-Time Employment Increased Under Biden, Contrary to Rick Scott’s Claim
As we reported in January, President Donald Trump inherited a resilient economy experiencing continued growth in jobs, including an increase in full-time workers. But Republican Sen. Rick Scott recently painted a much different picture, calling the pre-Trump economy “crappy” and falsely claiming that full-time employment was “dropping almost the entire Biden administration.”
Trump’s Flawed Claim that Tariffs Made the U.S. Its ‘Richest’
In arguing for more tariffs on goods imported to the United States, President Donald Trump has repeatedly claimed that the U.S. was its “richest” or “wealthiest” during the late 1800s and early 1900s because of tariffs. In multiple ways, his claim is wrong or misleading.