What did Donald Trump claim about the economy on 4 Apr 2018?
Donald Trump, President of the United States ·
Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!
The deficit has never been $500 billion. The U.S. goods trade deficit with China was $375.2 billion in 2017, and its all-time high, in 2018, was $418.2 billion.
The U.S. goods trade deficit with China was $375.2 billion in 2017 and $418.2 billion in 2018, the largest ever recorded. It has never reached $500 billion in any year (U.S. Census Bureau, Trade in Goods with China).
Claim vs. the record · Economy
Added · Updated
The claim
- Date
- Where
- Post on Twitter (@realDonaldTrump) about trade with China, the day China announced retaliatory tariffs.
The record
Primary source (agency data)