Trump Continues to Lie About Tariff Revenue

[Dont Taz Me Bro]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

 

[1srelluc]

Damn dude, still trying to beat that drum?....I thought you might have learned your lesson in the other tariff thread you posted today.

 

[toobfreak]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the $18 trillion" figure

I'm sure that must either be a typo or Trump misspoke intending to mean $18 billion. I hope the Donald gets a good long rest over the Christmas holiday, he deserves it.

 

[Norm Paperman]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

He has late stage dementia. He has no idea what he is saying longer

 

[kyzr]

He keeps bragging about the $18T of CAPEX commitments from corporations, because of tariffs, not tariff revenue.

Trump said that he has 20 trillion dollars coming in t...

Executive summary President Trump has repeatedly claimed he is “bringing in” or will “inject” roughly $20 trillion into the U.S. through a mix of foreign ...

factually.co

Trump said that he has 20 trillion dollars coming in to the United States, is this true?​

No, Trump hasn’t secured up to $22 trillion in investments

President Donald Trump said the U.S. received investment commitments totaling $18 trillion to $22 trillion since he took office in January. Neither the White House website nor other evidence backs him up.

www.politifact.com

 

[SeaMajor7]

TRUUUUUUUUUUMP

 

[TNHarley]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

You realize your own link debunks your claim about what he was talking about, right?

 

[Hafar1014]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

No he didnt thats the figure of new investment money not tariffs

 

[shockedcanadian]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

From what I can tell, he is including investment from foreign companies (and some domestic as well I presume) and he is going to correlate the investment with the fact they didn't invest overseas but chose America to avoid tariffs. It could just be a misspeak as well, he has also confused millions and billions in the past.

 

[Mac1958]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

The actual income increase has been right at about 1% of that. So his figure is pretty accurate for him. He's also still saying that other countries pay the tariffs, not AMERICAN EMPLOYERS. And the useful idiots just mindlessly nod along.

Obviously politicians have never been known for being intellectully honest. But he has taken this to an entirely different dimension. Americans should be insulted, but few are. So we deserve what we get. A goddamn shame.

 

[OhPleaseJustQuit]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

.

From a leftist blog.

Fake news.







.

 

[Darkwind]

You realize your own link debunks your claim about what he was talking about, right?

He doesn't.

 

[OhPleaseJustQuit]

He keeps bragging about the $18T of CAPEX commitments from corporations, because of tariffs, not tariff revenue.

Trump said that he has 20 trillion dollars coming in t...

Executive summary President Trump has repeatedly claimed he is “bringing in” or will “inject” roughly $20 trillion into the U.S. through a mix of foreign ...

factually.co

Trump said that he has 20 trillion dollars coming in to the United States, is this true?​

No, Trump hasn’t secured up to $22 trillion in investments

President Donald Trump said the U.S. received investment commitments totaling $18 trillion to $22 trillion since he took office in January. Neither the White House website nor other evidence backs him up.

www.politifact.com

.

politifact

 

[Norm Paperman]

From what I can tell, he is including investment from foreign companies (and some domestic as well I presume) and he is going to correlate the investment with the fact they didn't invest overseas but chose America to avoid tariffs. It could just be a misspeak as well, he has also confused millions and billions in the past.

Have those investments been made or just promised?

 

[Marener]

Either Trump is telling a bald-faced lie or the man has some senility setting in. His tariffs have brought in $236 billion in revenue this year. Even at the current rates, his tariffs would bring in $2.3 trillion over ten years, so why does he continue to claim an absurdly false figure?

Trump first used the "$18 trillion" figure during a cabinet meeting on December 2, then repeated it during comments to reporters on December 3 and in an interview with Politico on December 8. He also brought it up, unprompted and somewhat bizarrely, during the announcement on December 4 of a new peace treaty that aims to end hostilities between Rwanda and the Democratic Republic of the Congo.

On Sunday, Trump revisited the $18 trillion claim while speaking to reporters at the White House. "Because of the tariffs, we've taken in more than 18—think of this—more than $18 trillion. There's never been anything like it," Trump said. Moments later, he repeated the claim, stating that "we took in more than $18 trillion in 10 months."

That figure is utterly fantastical—and Trump's explanation is more than a little confusing. More on that in a moment.

Trump says tariffs have brought in $18 trillion. That's impossible.

Tariffs have generated less than $300 billion in new tax revenue, and other claimed investments don't come close to the president's tally.

reason.com

This is a bad article. Trump isn't talking specifically about tariff revenue, he's talking about this list of promised investment that he's gotten from some countries.

His claims about $18 trillion in investment has it's own problems, but the article is way off base.

 

[toobfreak]

He has late stage dementia. He has no idea what he is saying longer

I agree, Trump is tired, he has been working his ass off far harder than any other president I can remember, but late stage dementia? Are you a medical expert who has examined and tested the man? Hardly a few days here and you are jumping right in with the cultist TDS propaganda. Keep it up with the bullshit and you'll be rewarded with another Iggy real soon.

 

[task0778]

I would predict that if Trump keeps the existing tariffs as high as they are now, this country's economy is going to flirt with recession level consumer spending. Prices are going keep rising and jobs are going to keep falling and that ain't good. I have seen absolutely nothing that indicates increased domestic manufacturing either. Plus, inflation will continue to rise too, although maybe not like it did in 2021 unless he gets that big rebate thing passed through Congress.

 

[TNHarley]

This is a bad article. Trump isn't talking specifically about tariff revenue, he's talking about this list of promised investment that he's gotten from some countries.

His claims about $18 trillion in investment has it's own problems, but the article is way off base.

The article says that...

 

[Marener]

I agree, Trump is tired, he has been working his ass off far harder than any other president I can remember, but late stage dementia? Are you a medical expert who has examined and tested the man? Hardly a few days here and you are jumping right in with the cultist TDS propaganda. Keep it up with the bullshit and you'll be rewarded with another Iggy real soon.

Staying up late and tweeting unhinged nonsense is not "working".

 

[OhPleaseJustQuit]

I agree, Trump is tired, he has been working his ass off far harder than any other president I can remember, but late stage dementia? Are you a medical expert who has examined and tested the man? Hardly a few days here and you are jumping right in with the cultist TDS propaganda. Keep it up with the bullshit and you'll be rewarded with another Iggy real soon.

.

Oh, they all got their PhD from Google University.

.