TCT-PF-FDD182D83A190EB7 · Taxes & trade
Reduced cargo traffic means the U.S. loses less money
Claim summary
Reduced cargo traffic means the U.S. loses less money
Paraphrase, not a verbatim quotation. Consult the source for the full wording.
May 8, 2025 in an event in the White House
What the evidence shows
Imports deliver goods in exchange for payment, rather than representing a pure loss. A slowdown can harm port and transport jobs, disrupt supplies and increase consumer costs.
PolitiFact rating: False. The tracker groups this as False.
Sources and attribution
Publisher assessment summarized by the tracker; this is not a new independent verdict.