Fact Check: Kamala Harris Falsely Claims American Families Taxed by Tariffs

Breitbart | 7/31/2019 | John Carney
iVchan (Posted by) Level 3
Click For Photo: https://media.breitbart.com/media/2019/07/Kamala-Harris-1-640x335.jpg

Senator Kamala Harris on Wednesday night said that American households are paying more for everyday items because of Donald Trump’s trade policies.

Claim: “Jerome Powell just dropped the interest rates and he admitted why: because of the so-called trade policy that this president has, that has been nothing more than a Trump trade tax that has resulted in American families spending as much as $1.4 billion more a month on everything from shampoo to washing machines.”

Fact - Concern - Federal - Reserve - Rate

Fact: The primary concern driving the Federal Reserve’s rate cut was sluggish growth around the world. Uncertainty over trade policy, rather than the tariffs themselves, was cited as a possible drag...
(Excerpt) Read more at: Breitbart
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