For more than an hour, President Donald Trump presided over a cabinet meeting, reeling off numerous false or misleading claims.
President Trump said he “hereby ordered” U.S. companies to “immediately start looking for an alternative to China,” including moving their operations back to the United States. His top economic adviser later said “we do have such authority, but it is not going to be exercised presently.” Here we look at the 1977 law the administration cited.
A reader sent us a comment regarding the escalating U.S.-China trade dispute.
Tariffs imposed by the Trump administration have a small, negative impact on gross domestic product growth, according to economists, the Congressional Budget Office, the International Monetary Fund and the top White House economic adviser. That contradicts President Donald Trump’s repeated claim that the tariffs have boosted the GDP.