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.
Treasury Department data show that revenue from tariffs on imported foreign goods increased substantially in April and May, setting monthly records. But the total is less than half the figure President Donald Trump has cited. At least twice this month, the president has wrongly claimed that the U.S. “brought in $88 billion” from tariffs in “two months.”
In a half-hour inaugural address, newly sworn-in President Donald Trump twisted some facts while painting the last few years under his predecessor, Joe Biden, as a time of “decline” and promising “the golden age of America begins right now.”
On Inauguration Day, we provide a look at various metrics on the state of the country at the start of President Donald Trump’s second term.
In his first post-election, sit-down broadcast interview, President-elect Donald Trump outlined his priorities for a second term. But in the interview, Trump continued to repeat inaccurate information related to immigration, crime, trade, health care and the election.
To address increased food and grocery prices, Vice President Kamala Harris’ campaign has promised to enact a federal ban on price gouging. In an Aug. 16 press release, the campaign vowed to “go after bad actors to bring down Americans’ grocery costs and keep inflation in check.”
Former President Donald Trump has cited more energy production, specifically drilling for oil and natural gas, as the key to bringing down energy prices, and inflation overall. He promises to “cut energy prices in half within 12 months” of taking office.
Despite a mostly civil debate between Sen. JD Vance and Minnesota Gov. Tim Walz, the two disagreed repeatedly not just on policy, but also on the facts. We referee some of those competing claims, and other factual missteps by the vice presidential candidates.
At a campaign rally in St. Cloud, Minnesota, former President Donald Trump rattled off several criticisms of Vice President Kamala Harris, his presumptive opponent in the presidential race. But some of Trump’s attacks ran afoul of the facts.
As Biden enters the final months of his presidency, we look at various statistical measures of what’s happened during his term.