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AP FACT CHECK: Trump's miscues on trade and drug prices


Added 05-18-19 09:03:02am EST - “President Donald Trump spoke this past week as if he's unaware that drug prices have gone up and tariffs came before him.” - Washingtontimes.com

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Posted By TheNewsCommenter: From Washingtontimes.com: “AP FACT CHECK: Trump’s miscues on trade and drug prices”. Below is an excerpt from the article.

WASHINGTON (AP) - President Donald Trump spoke this past week as if he’s unaware that drug prices have gone up and tariffs came before him.

His boast that the U.S. never collected a dime on goods from China until he imposed them marked a series of statements misrepresenting how trade works as the two countries escalated their dispute with new and retaliatory taxes on each other’s products.

Meantime, Russian President Vladimir Putin declared inaccurately that no traces of collusion between his country and Trump’s 2016 campaign were found in the “exotic” special counsel investigation by Robert Mueller.

TRUMP: “We’ve been losing, for many years, anywhere from $300 billion to $500 billion a year with China and trade with China. We can’t let that happen.” - remarks Tuesday at the White House.

TRUMP: “We lost $180 billion with the European Union.” - remarks to National Association of Realtors on Friday.

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