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Is Mexico Paying for the Wall Through USMCA?

President Donald Trump declared via Twitter that he is keeping perhaps his most famous campaign promise, claiming that “MEXICO IS PAYING FOR THE WALL!” through a recent trade agreement negotiated with Mexico. But economic and trade experts we interviewed said that’s not possible.

FactChecking Trump’s Twitter ‘Truth’

President Donald Trump says social media is “my form of telling the truth.” In fact, there are many well-documented examples of Trump — as a candidate and as president — spreading false information on Twitter.

FactChecking Trump on Trade

President Donald Trump distorted some facts about trade in a press conference announcing an agreement to replace the North American Free Trade Agreement with the United States, Mexico, Canada Agreement, or USMCA.

Trump Wrong on Mexico’s VAT

President Donald Trump wrongly said that “nobody from this country knew” about Mexico’s value-added tax until after NAFTA was signed. A deputy U.S. trade representative at the time NAFTA was put in place said: “US policymakers, embassy officials and tax authorities were fully aware of Mexico’s VAT system.”

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.

U.S. Trade with Canada Not ‘Smaller’ Than With Mexico

In announcing a tentative agreement with Mexico, President Donald Trump called Mexico “a very large trading partner” and said negotiations would now begin with Canada, which he called a “smaller segment.” But U.S. trade with Canada was about $57 billion larger than trade with Mexico in 2017.

Video: Trump’s False Trade Claims

In this week’s fact-checking video, CNN’s Jake Tapper looks at two of President Donald Trump’s recent claims about trade.

Trump’s Specious Trade Tweets

In recent tweets, President Donald Trump has made erroneous statements about U.S farmers, and soybean prices in particular, while complaining about trade barriers.