DiscoverThe DeductionThe Truth About Tariffs—Fact-Checking Trump’s Trade Claims
The Truth About Tariffs—Fact-Checking Trump’s Trade Claims

The Truth About Tariffs—Fact-Checking Trump’s Trade Claims

Update: 2025-04-04
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Do tariffs really level the playing field, or are they just bad economics? In this emergency episode, we fact-check the Trump administration’s claims that retaliatory tariffs make trade fairer. 

Kyle Hulehan and Erica York break down the flawed research behind these arguments, explain who actually pays for tariffs, and discuss their real impact on businesses and consumers. 

Links: 

https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/

https://taxfoundation.org/blog/trump-reciprocal-tariffs-calculations/

https://taxfoundation.org/blog/trump-tariffs-prices-long-term-effects/

https://taxfoundation.org/topics/tariffs-and-trade/

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The Truth About Tariffs—Fact-Checking Trump’s Trade Claims

The Truth About Tariffs—Fact-Checking Trump’s Trade Claims

Tax Foundation