No matter the season, there's always a reason to support Marketplace. 💙 Give Now 🎁

Numbers don’t back up Trump on tariffs paying down debt

Tracey Samuelson Aug 6, 2018
HTML EMBED:
COPY

Numbers don’t back up Trump on tariffs paying down debt

Tracey Samuelson Aug 6, 2018
HTML EMBED:
COPY

President Donald Trump tweeted about the economy this weekend and made this claim: “Because of tariffs we will be able to start paying down large amounts of the $21 Trillion in debt.” He’s right about the size of the debt, but the power of tariffs to reduce it? 

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.