AP FACT CHECK: Trump’s Trade Theories Don’t Hold Water

WASHINGTON (AP) – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on. AP FACT CHECK: Trump’s trade theories don’t hold water

WASHINGTON – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on.

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WASHINGTON – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on Chinese goods. At stake in the rupture is a trading relationship between the world’s two largest economies that employs nearly 1 million americans, supplies affordable [.]

TRUMP: “This will be the largest trade deal ever made, and it won’t even be close. If you take a look at the numbers, second is so far away, you don’t even. in fact, set records for the fewest air.

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AP FACT CHECK: Trump’s trade theories don’t hold water Posted on Sunday, May 12th, 2019 By Calvin Woodward And Hope Yen, Associated Press

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WASHINGTON (AP) – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on.

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THE FACTS: This is not how tariffs work. China is not writing a check to the U.S. Treasury. The tariffs are paid by American companies, which usually pass the cost on to consumers through higher prices. One of the theories is that the higher prices will encourage consumers to buy goods made in the U.S. or elsewhere instead.

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Women wear colorful cloths, khangas, and carry yellow plastic containers of water on their heads. Children and old men push up against one another, as if at a bargain sale. They hold portable radios .

In fact, there are many signs that growth is slowing, partly because of Trump’s trade fights with China and Europe. "I actually came up with the idea. I said, ‘Why don’t we just have the veterans.