What did Donald Trump claim about the economy on 21 Jan 2025?
Donald Trump, President of the United States ·
We have a $350 billion deficit with the European Union.
The deficit was smaller. The U.S. goods trade deficit with the European Union was $236.7 billion in 2024 and $207.7 billion in 2023, not $350 billion.
The Census Bureau records a U.S. goods trade deficit with the European Union of $236.7 billion in 2024 and $207.7 billion in 2023, not $350 billion (U.S. Census Bureau, Trade in Goods with European Union).
Claim vs. the record · Economy
Added · Updated
The claim
- Date
- Where
- Remarks on artificial intelligence infrastructure and an exchange with reporters at the White House.
The record
Primary source (agency data)