President Trump falsely claimed that the U.S. has “never taken in 10 cents from China” in tariffs, but “now we’re taking in billions and billions of dollars.” The U.S. has collected billions in customs duties on Chinese imports for years, although the amount has increased since the trade war with China began.
Issues: trade
Does China Pay Tariffs?
Trump’s Habit of Inflating Trade Deficits
Is Mexico Paying for the Wall Through USMCA?
FactChecking Trump’s Twitter ‘Truth’
FactChecking Trump’s ‘60 Minutes’ Interview
FactChecking Trump on Trade
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.”