A Project of The Annenberg Public Policy Center

Facts on Trade

Here we highlight a number of key statistics about trade, and summarize some of the stories we have written when these facts have been misrepresented.

A Rally Filled with Repeats

Trump’s August speech in Wilkes-Barre, Pennsylvania, was packed with familiar factual distortions.

Trump’s Trade-Balance Mistake

President Donald Trump is saying that the U.S. balance of trade improved by a “tremendous” $52 billion in the second quarter of 2018. But the correct figure is much smaller — $22 billion — as two economists with expertise in trade statistics have confirmed for us.

FactChecking Trump’s Nashville Rally

At a campaign rally in Nashville, President Donald Trump repeated a bushelful of false and misleading claims, and added a few new ones.

FactChecking Trump’s MAGA Rally

In a campaign speech supporting the Republican candidate in a special House election in Pennsylvania’s 18th District, President Donald Trump made several false and misleading statements on a range of topics, from drug smuggling to the stock market.

Trump’s Trade Mistweet

President Donald Trump claimed the U.S. has “large trade deficits with Mexico and Canada,” which isn’t accurate. The U.S. actually runs a small trade surplus with Canada, and the deficit with Mexico isn’t all that large, relatively speaking.

Trump’s Numbers

Statistical measures of the president’s term to date.

Obama’s Final Numbers

The numbers are nearly all in now. What they show about what really happened during the eight years that Barack Obama was president is sometimes different from what politicians claimed.