“Trillions of Dollars are being taken in on Tariffs, which has been incredible for our Country, its Stock Market, its General Wealth, and just about everything else. It has been proven, that even at this late stage, Tariffs have not caused Inflation, or any other problems for Country, other than massive amounts of CASH pouring into our Treasurys coffers. Also, it has been shown that, for the most part, Consumers arent even paying these Tariffs, it is mostly Companies and Governments, many of them Foreign, picking up the tabs. But David Solomon and Goldman Sachs refuse to give credit where credit is due. They made a bad prediction a long time ago on both the Market repercussion and the Tariffs themselves, and they were wrong, just like they are wrong about so much else. I think that David should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ, and not bother running a major Financial Institution.” @realDonaldTrump

Fact-Check Summary

The Truth Social post overstates both the size and impact of tariff collections by asserting “trillions” in revenue are already being taken in and that tariffs are universally positive for the economy. Authoritative sources confirm that trillions in revenue are projected over a decade, not annually, and that tariffs disproportionally hurt GDP growth, average household income, and increase inflationary pressures. Claims that “consumers aren’t paying tariffs” are contradicted by research showing a majority of tariff costs ultimately fall on American households over time. Criticisms of Goldman Sachs and references to CEO David Solomon’s DJ activity are factually accurate but peripheral to the main economic issues at stake.

Belief Alignment Analysis

The post employs selectively positive framing and hyperbole, promoting a one-sided view with little acknowledgment of well-documented economic costs or differing expert analyses. This undermines transparent, inclusive, and informed democratic discourse. By misrepresenting who pays tariffs and dismissing dissenting economic perspectives, the messaging is divisive and at odds with values of public reason and constructive debate. The personal attack on David Solomon veers away from civil discourse expected in defense of democratic norms.

Opinion

The post distorts both scale and effects of tariffs, overshadowing nuanced and essential policy discussion with misleading generalizations and unnecessarily personal disparagements. Public debate on trade policy must reflect economic complexity and evidence, rather than rely on oversimplification and attacks on institutional critics. Accurate, inclusive communication improves public trust and the legitimacy of political leadership.

TLDR

Trump’s post exaggerates tariff revenues and their benefits while minimizing economic costs, inflation, and consumer burden. Reputable studies show Americans ultimately bear most tariff costs and the policy reduces GDP in the long run. The claim’s tone and targeting of critics undermine fact-based democratic discussion.

Claim: Trillions in tariffs are being collected to America’s benefit, not causing inflation or problems, with foreigners paying most tariff costs; critics like Goldman Sachs and David Solomon are wrong and not giving credit for success.

Fact: Tariff revenue projections reach trillions only over a decade, not annually; authoritative models show tariffs lower U.S. GDP, wages, and wealth, while substantially raising costs for American consumers and contributing to inflation. Most reputable studies find U.S. consumers ultimately pay a majority of tariff costs. Goldman Sachs’ warnings about inflation and economic impact are supported by data. David Solomon’s background as a DJ is accurate but irrelevant to policy analysis.

Opinion: The post uses exaggeration and misleading framing to promote a politicized narrative, minimizing well-documented economic costs and targeting institutional critics instead of encouraging open, evidence-based discourse about tariffs’ trade-offs.

TruthScore: 3

True: Tariff revenue is rising; Solomon has a DJ background; Goldman Sachs and others criticized tariffs’ harms.

Hyperbole: Trillions already “being taken in,” tariffs “incredible” for everything, “not causing inflation,” “massive cash pouring” into U.S.

Lies: Tariffs have not caused inflation or economic problems; most consumers aren’t paying tariffs; critics have been totally wrong.