#Trump claims that many countries have targeted the #US w/ “non-monetary barriers,” like currency manipulation, subsidies, exorbitant taxes & theft of intellectual property.

Trump specifically talked about the #EuropeanUnion’s value-added tax, which he has long despised. #VAT rates are common outside of the United States, & the U.S. is actually an outlier for not having one.

#FactCheck #TrumpLies #economy #tariffs #inflation #recession #TrumpTariffs #Trumpcession #geopolitics #USpol