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A Project of The Annenberg Public Policy Center

Trump’s Selective Comparison Overstates Trade Deficit Decline

Trump’s Selective Comparison Overstates Trade Deficit Decline

Through President Donald Trump’s first full 10 months in office, the cumulative U.S. trade deficit in goods and services was down 3.9% from the same period in 2024. His claim that he has “slashed our trade deficit by 77%” appears to compare the monthly trade deficit in January 2025 to the deficit nine months later in October.

Explaining Trump’s Claim That Venezuela ‘Stole’ U.S. Oil

Explaining Trump’s Claim That Venezuela ‘Stole’ U.S. Oil

President Donald Trump said one reason that the U.S. will “run” Venezuela and “indefinitely” control its oil sales is because “years ago” Venezuela “took our oil away from us” and “stole our assets.” That’s an oversimplification of what happened when Venezuela assumed greater control of its energy sector.

Trump at Odds with CIA Assessment on Khashoggi Killing

Trump at Odds with CIA Assessment on Khashoggi Killing

President Donald Trump brushed aside a reporter’s question to Saudi Crown Prince Mohammed bin Salman about the 2018 killing of Washington Post contributing columnist Jamal Khashoggi, saying the crown prince “knew nothing about it and we can leave it at that.” But Trump’s claim is at odds with a CIA assessment.

Explaining Democrats’ Request to Restore Foreign Aid

Explaining Democrats’ Request to Restore Foreign Aid

Q: Did Democrats request funding for “climate resilience” in Honduras, “civic engagement” in Zimbabwe, and “LGBTQI+ democracy grants” in the Balkans, to end the government shutdown?

A: A Democratic proposal would restore almost $5 billion in unused funding for foreign aid that President Donald Trump let expire on Sept. 30. The proposal did not specify which international projects should receive the funds.

Trump, Project 2025 and Immigration

Trump, Project 2025 and Immigration

Project 2025 and President Donald Trump are largely in sync on immigration. As part of our series, we examine some of the many actions that Trump has taken that were proposed in the conservative document. 

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 Misleading Justification for Higher Tariffs on Imports of EU Goods

Trump’s Misleading Justification for Higher Tariffs on Imports of EU Goods

The United States and the European Union have reached a preliminary trade deal to avoid a 30% U.S. tariff on imported goods from the EU that President Donald Trump threatened would go into effect on Aug. 1. Trump had argued that higher tariffs were needed because EU tariffs and nontariff policies “cause the large and unsustainable trade deficits” between the U.S. and the EU, but economists disputed that statement.

RFK Jr., HHS Wrong About WHO Power Under Updated Global Health Regulations

RFK Jr., HHS Wrong About WHO Power Under Updated Global Health Regulations

In justifying the United States’ rejection of updates to global health regulations, the Department of Health and Human Services and Secretary Robert F. Kennedy Jr. falsely claimed that the policy would give the World Health Organization the ability to “order global lockdowns” or “travel restrictions” in response to a pandemic. Experts told us that is “entirely untrue” and “clearly” incorrect.

Trump Exaggerates Tariff Revenue

Trump Exaggerates Tariff Revenue

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.”