Who actually pays a tariff?
The importer pays the government at the border. The economic cost can then be divided among importers, retailers, consumers and foreign suppliers.
Open the record →Each record separates the dated event, authoritative source, evidence and current editorial finding. Statuses can change as deadlines pass and new records become available.
Inflation rate versus price level: why “inflation fell” does not mean prices fell
Slower inflation means prices are rising more slowly. It does not normally mean the overall price level returned to where it started.
Open the record →Lower insulin prices were the work of the Trump administration, not “Crooked Joe Biden. He had NOTHING to do with it.”
PolitiFact rated this Trump statement False: Lower insulin prices were the work of the Trump administration, not “Crooked Joe Biden. He had NOTHING to do with it.”
Open the record →“The Harris-Biden Administration has been caught fraudulently manipulating Job Statistics.”
PolitiFact rated this Trump statement Pants on Fire: “The Harris-Biden Administration has been caught fraudulently manipulating Job Statistics.”
Open the record →Vice President Kamala Harris’ plan “will raise taxes for the typical American family by an estimated $3,000.”
PolitiFact rated this Trump statement False: Vice President Kamala Harris’ plan “will raise taxes for the typical American family by an estimated $3,000.”
Open the record →“With your Democrat governor, you have some of the highest electricity prices and highest energy costs. It’s just about at the top in Wisconsin.”
PolitiFact rated this Trump statement False: “With your Democrat governor, you have some of the highest electricity prices and highest energy costs. It’s just about at the top in Wisconsin.”
Open the record →The U.S. is “taking in almost $2 billion a day in tariffs.”
PolitiFact rated this Trump statement False: The U.S. is “taking in almost $2 billion a day in tariffs.”
Open the record →On enacting country-by-country tariffs April 9.
PolitiFact rated this Trump statement Full Flop: On enacting country-by-country tariffs April 9.
Open the record →“Egg prices came down 50%”
PolitiFact rated this Trump statement Half True: “Egg prices came down 50%”
Open the record →“We had a couple of states where gasoline was at $1.98 gallon.”
PolitiFact rated this Trump statement False: “We had a couple of states where gasoline was at $1.98 gallon.”
Open the record →