AP FACT CHECK: Trump’s Trade Theories Don’t Hold Water

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AP FACT CHECK: Trump’s trade theories don’t hold water.. "I don’t disagree with that," he said when interviewer Chris Wallace pointed out that U.S. businesses and consumers bear the cost.

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WASHINGTON (AP) – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on.

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TRADE. TRUMP: "Tariffs are NOW being paid to the United States by China of 25% on 250 Billion Dollars worth of goods & products. These massive payments go directly to the Treasury of the U.S." – tweet Friday. THE FACTS: This is not how tariffs work. China is not writing a check to the U.S. Treasury.

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On Twitter, Trump has returned to two well-worn techniques: denying he’s lost anything and playing on public distrust. The AP’s vote-counting operations. a conservative website that traffics in.

WASHINGTON (AP) – President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on Chinese goods. At stake in the rupture is a trading relationship between the world’s two largest.