President Donald Trump claimed that Iran essentially shutting down the Strait of Hormuz “doesn’t really affect” the United States the way it does “other countries.” It’s true that a small share of U.S. oil imports comes from the Persian Gulf. But the U.S. has been affected by the global increase in the price of oil.
In the first State of the Union address of his second term, President Donald Trump proclaimed that “our nation is back, bigger, better, richer and stronger than ever before.” But our review of his speech found that he distorted a number of facts about the state of the economy, health care, immigration and other topics.
In recent weeks, President Donald Trump has made a series of claims about the economy, a topic that should feature prominently in his State of the Union address to Congress on Feb. 24.
At the one-year mark of Trump’s second term, we launch our “numbers” series, providing various statistical measures of his presidency thus far.
President Donald Trump blitzed through a prime-time address to the nation on Dec. 17, but while short, Trump’s speech contained a number of inaccurate or misleading claims, many of which he has repeated in public speeches for months.
In a campaign-style rally in Pennsylvania on Dec. 9, President Donald Trump honed a message of “lower prices, bigger paychecks” ahead of next year’s midterm elections. Some of his talking points on the economy missed the mark.
In a lengthy “60 Minutes” interview, President Donald Trump made false and questionable claims about nuclear weapons testing, inflation and military strikes in the Caribbean Sea. He also repeated numerous misleading claims he has made before on a range of topics.
Statistical indicators of President Biden’s four years in office.
About six months into the second term of President Donald Trump, Republicans and Democrats are making conflicting and often misleading assessments of the Trump administration’s impact on inflation and prices. Both sides cherry-pick examples of consumer products to support their claims, while sometimes wrongly taking credit for lower prices or falsely casting blame for rising costs.
The national average price of a gallon of regular gasoline is still over $3, and no state has an average price below $2.60. But since mid-April, President Donald Trump has falsely claimed, repeatedly, that gasoline prices “hit $1.98 a gallon” in multiple states. Now we may know his source.