“I WILL ONLY LOWER TARIFFS IF A COUNTRY AGREES TO OPEN ITS MARKET. IF NOT, MUCH HIGHER TARIFFS! Japans Markets are now OPEN (for first time ever!). USA BUSINESSES WILL BOOM!” @realDonaldTrump
Fact-Check Summary The TruthSocial post asserts that tariffs will only be lowered if countries open their markets, claims Japan’s markets are open for the first time ever, and predicts a boom for US businesses as a result. Fact-checking reveals: it is accurate that President Trump has stated he will only lower tariffs in exchange for market access; however, the claim…
“I will always give up Tariff points if I can get major countries to OPEN THEIR MARKETS TO THE USA. Another great power of Tariffs. Without them, it would be impossible to get countries to OPEN UP!!! ALWAYS, ZERO TARIFFS TO AMERICA!!!” @realDonaldTrump
Fact-Check Summary Donald Trump’s Truth Social post claims he will “give up tariff points” if other countries open their markets to the US, asserting that tariffs are essential leverage for obtaining zero tariffs on American exports. However, available evidence and recent trade history contradict this narrative. Tariffs are taxes paid by US importers, not foreign exporters, and their costs are…
“Indonesia has also agreed, for the first time ever, to COMPLETELY OPEN ITS MARKET TO THE USA. Thats BIG!!! Our businesses will make a fortune. Likewise Japan!” @realDonaldTrump
Fact-Check Summary The TruthSocial post claims that Indonesia has agreed “for the first time ever to COMPLETELY OPEN ITS MARKET TO THE USA” and that Japan has done likewise. The statement is only partially accurate. While the recent Indonesia-U.S. agreement eliminates 99% of tariff barriers for American exports, it does not constitute complete or unconditional market access—Indonesia will still face…
“Remember, Japan is, for the first time ever, OPENING ITS MAKET TO THE USA, even to cars, SUVs, Trucks, -and everything else, even agriculture and RICE, which was always a complete NO, NO. The Open Market Japan may be as big a profit factor as the Tariffs themselves, but was only gotten because of the Tariff Power. They also agreed to buy BILLIONS OF DOLLARS WORTH OF MILITARY AND OTHER EQUIPMENT, and give us 90% of 550 BILLION DOLLARS – AND MORE!!! MAGA!!!” @realDonaldTrump
Fact-Check Summary The TruthSocial post by Donald Trump claims that Japan is, for the first time ever, opening its markets to U.S. products, including cars, trucks, agriculture, and rice—mentioning complete market access and a $550 billion investment with the U.S. purportedly receiving 90% of profits. The claim also states Japan has agreed to purchase billions in U.S. military equipment due…
“Housing in our Country is lagging because Jerome Too Late Powell refuses to lower Interest Rates. Families are being hurt because Interest Rates are too high, and even our Country is having to pay a higher Rate than it should be because of Too Late. Our Rate should be three points lower than they are, saving us $1 Trillion per year (as a Country). This stubborn guy at the Fed just doesnt get it — Never did, and never will. The Board should act, but they dont have the Courage to do so!” @realDonaldTrump
Fact-Check Summary The TruthSocial post claims that Federal Reserve Chair Jerome Powell’s refusal to lower interest rates is causing housing market stagnation, harming families, and costing the country $1 trillion annually in excess national debt service. Fact-checking with current Federal Reserve policy statements, housing indicators, and federal budget data shows that high interest rates do contribute to housing affordability challenges…