FACT FOCUS: Trump says tariffs have created an economic miracle. The facts tell a different story

Associated Press (AP)EN 7 min read 75% complete by By PAUL WISEMAN and CHRISTOPHER RUGABERFebruary 6, 2026 at 09:23 AM

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long article 7 min

In a Wall Street Journal opinion piece, President Donald Trump claimed his tariffs have created an American economic miracle, citing a revitalized economy since his return to office in 2025. This AP fact check, written by economics reporter Chris Rugaber, examines the accuracy of Trump's claims. Trump asserts that the U.S. economy was "dead" a year prior, but the AP reports that the economy was not "dead" when Trump returned to office. The article states that the U.S. economy has performed strongly in Trump's second term, after a bumpy start. The fact check aims to provide an objective assessment of the economic impact of Trump's tariffs.

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Key Player Opposition Context

Joe Biden 40% River Zhang 40% New York Stock Exchange 50% New York 50% White House 50% AP News ×460% Chris Rugaber 60% Washington 60% United States 70% Wall Street Journal ×270% Donald Trump ×695%

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Associated Press (AP)

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