Trump Says Tariffs Have Brought in $18 Trillion. That's Impossible.

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.

Trump Says US Has Taken In More Than $18 Trillion In Investments Thanks To Tariffs: 'They're Coming From Germany, They're Coming From Japan…' - Apple (NASDAQ:AAPL), Micron Technology (NASDAQ:MU)

President Donald Trump has claimed that his tariff policies have triggered an unprecedented wave of new investment into the U.S. economy, as companies choose to build domestically, in order to avoid the high duties on imports. We’ve Taken In More Than ‘$18 Trillion’ While delivering his remarks at the White House Christmas reception on Sunday, Trump said, “We’ve taken in more investment money than any country has ever taken in by four times,” ad…

Trump Declares Tariffs an $18 Trillion Victory!

Credits: National Archives / FilePresident Donald Trump told attendees at a White House Christmas reception on Sunday that his administration's tariffs have attracted more than $18 trillion in investments to the United States.He delivered the remarks during an event marking the holiday season, where he highlighted economic policies implemented since taking office in January.Trump pointed to commitments from companies in Germany, Japan and Canada…