President Donald Trump misstated his record on poverty and how tariffs work as he weighed in on Twitter and in an interview Wednesday with bold claims at odds with reality.
TRUMP on his tariffs on Chinese goods: "Don't let anyone tell you that we're paying. We're not paying, China's paying for it. "— Fox Business Network interview.
THE FACTS: Americans are paying for it.
Trump refuses to recognize a reality that his own chief economic adviser, Larry Kudlow, has acknowledged. Tariffs are mainly if not entirely paid by companies and consumers in the country that imposes them. China is not sending billions of dollars to the U.S. treasury.
In a study in May , the Federal Reserve Bank of New York, with Princeton and Columbia universities, estimated that tariffs from Trump's trade dispute with China were costing $831 per U.S. household on an annual basis. And that was based on the situation in 2018, before tariffs escalated. The analysts also found that the burden of Trump's tariffs falls entirely on U.S. consumers and businesses that buy imported products.
Trump persistently mischaracterizes trade in all its dimensions, giving the wrong numbers for trade deficits, asserting that tariffs did not exist before him, and portraying them inaccurately as a windfall for the government and taxpayers. In that respect, he was correct when he said in the interview, "I view tariffs differently than a lot of other people."
TRUMP: "The poverty index is also best number EVER." — tweet.
THE FACTS: Not true. The current poverty rate of 12.3% is not the lowest ever; it's fallen below that several times over the last half-century, according to the Census Bureau's official count.
The poverty rate dropped only modestly under Trump's watch, to 12.3 percent in 2017 — the latest figure available — from 12.7 percent in 2016. At the same time, nearly 40 million Americans remained poor by the Census Bureau's count, statistically unchanged from 2016.
The poverty rate previously has stood at 12.3% as recently as 2006, and was 11.3% in 2000.
The U.S. poverty rate hit a record low of 11.1% in 1973.
TRUMP: "Obama's economy was ready to crash." — Fox Business Network interview.
THE FACTS: This is little more than blind speculation designed to make his own record look better. The data suggest he is wrong.
The U.S. economy added 2.5 million jobs in 2016, which was the final year of President Barack Obama's term, more than were added in 2017 or 2018 during the Trump administration. The Standard & Poor's 500 stock index climbed 11% over the course of 2016. Economic growth did slump to 1.6% in 2016, though that hardly suggested a downturn, as growth had been a healthy 2.9% in 2015 — the same level achieved in 2018 when Trump was boasting about having fostered the strongest economy in U.S. history.
Associated Press writers Paul Wiseman and Christopher Rugaber contributed to this report.
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PHOENIX (AP) — Fernando Tatis Jr. and Jake Cronenworth hit back-to-back homers, Dylan Cease pitched 6 2/3 strong innings and the San Diego Padres won their third game in a row, beating the Arizona Diamondbacks 7-1 on Friday night.
Manny Machado hit a two-run homer. Cronenworth finished with three extra-base hits, adding two doubles.
The Padres had a big offensive game on the same night they learned they might be adding another good hitter. San Diego is close to acquiring two-time batting champion Luis Arráez in a deal with the Marlins.
“I think it's great — you're always looking for more offense and a left-handed bat to balance out the lineup,” Padres manager Mike Shildt said. “But listen, nothing's official. We'll leave it at that.”
The Diamondbacks have lost 10 straight series openers after beating the Colorado Rockies on opening day.
D-backs pitcher Slade Cecconi (1-2) retired the first nine batters he faced, but ran into trouble in the fourth. Jurickson Profar walked to start the inning and Tatis launched a shot to left-center — his seventh homer of the season.
Cronenworth followed with another homer to make it 3-0 and rookie Jackson Merrill broke an 0-for-20 stretch at the plate with a one-out RBI double for a 4-0 lead.
Cronenworth had a down 2023 season, but has looked much more like the hitter who was an All-Star in 2021 and 2022 through the first month of this season. He's batting .279 with six homers and 25 RBIs.
It was Cronenworth’s second straight game with a homer. He hit a grand slam in the team’s 6-2 victory over the Reds on Wednesday.
“It's the right approach with the right swing,” Shildt said. “He's married both. He's driving the ball to all different parts of the field and not trying to do to much.”
Cecconi didn't make it out of the fifth, giving up six runs over 4 1/3 innings.
The Padres' three-homer outburst provided plenty of support for Cease (4-2), the hard-throwing right-hander who gave up just one run on three hits while striking out eight. He didn't allow a walk.
“I think my fastball command was a lot better, which is really a lot of the battle,” Cease said. “When I'm getting my fastball where it needs to go, it opens up a lot of stuff.”
Machado made it 7-0 in the fifth with a two-run homer to left center off reliever Matt Bowman. The scorched line drive came off Machado's bat at 111.7 mph.
The sliding D-backs — defending National League champions — have lost 10 of their past 15 games and fell to 14-19 for the season.
“We got beat tonight,” D-backs manager Torey Lovullo said. "We got out-managed, we got out-pitched, we got out-hit, we got out-coached. We've got to find a way to get the job done and play our type of baseball. That's the bottom line.
“We're grinding away. We're trying.”
Arizona finished with just three hits. Eugenio Suárez had an RBI single in the fifth.
TRAINER'S ROOM
Diamondbacks: Lovullo told reporters that closer Paul Sewald (oblique) and OF Alex Thomas (hamstring) could return to the active roster as soon as Tuesday against the Reds.
UP NEXT
The D-backs will throw RHP Brandon Pfaadt (1-1, 4.63 ERA) while the Padres will counter with RHP Michael King (2-3, 5.00 ERA) on Saturday night.
AP MLB: https://apnews.com/hub/mlb
Arizona Diamondbacks' Ketel Marte, left, celebrates his double as San Diego Padres shortstop Ha-Seong Kim, front right, of South Korea, and umpire Phil Cuzzi (10) look for the baseball during the first inning of a baseball game Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
San Diego Padres starting pitcher Dylan Cease throws against the Arizona Diamondbacks during the first inning of a baseball game Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
San Diego Padres manager Mike Shildt watches the action on the field during the second inning of a baseball game against the Arizona Diamondbacks Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
San Diego Padres' Manny Machado (13) rounds the bases after hitting a two run home run as Arizona Diamondbacks first baseman Christian Walker, left, pauses at first base during the fifth inning of a baseball game Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
Arizona Diamondbacks relief pitcher Matt Bowman, center, rubs up a new baseball after giving up a two-run home run to San Diego Padres' Manny Machado, left, during the fifth inning of a baseball game Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
San Diego Padres' Manny Machado points to the sky as he rounds the bases after hitting a two-run home run against the Arizona Diamondbacks during the fifth inning of a baseball game Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
Arizona Diamondbacks' Ketel Marte, right, slides safely into second base with a double as San Diego Padres shortstop Ha-Seong Kim, of South Korea, applies a late tag during the first inning of a baseball game Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
San Diego Padres' Fernando Tatis Jr., right, celebrates his two-run home run against the Arizona Diamondbacks with Padres' Manny Machado (13) during the fourth inning of a baseball game Friday, May 3, 2024, in Phoenix. (AP Photo/Ross D. Franklin)
