Facebook Twitter Tumblr Close Skip to main content
A Project of The Annenberg Public Policy Center

Trump on EU and Japan Investments in the U.S.

Trump on EU and Japan Investments in the U.S.

In early August, President Donald Trump claimed that a trade deal he negotiated with the European Union in July came with hundreds of billions of dollars that the U.S. can use for “anything we want.” But that’s not how the terms were described in a joint statement with the EU on Aug. 21.

Trump’s Habit of Inflating Trade Deficits

Trump’s Habit of Inflating Trade Deficits

When asked whether he would impose tariffs on cars imported from the European Union, President Donald Trump, as he regularly does, used an inflated figure for the trade balance between the U.S. and the EU. The deficit was $101 billion for 2017, not $151 billion, as he repeatedly claims.