Trump made many statements on US economy. Most are untrue

On Tuesday, January 20, 2026, U.S. President Donald Trump made numerous inaccurate statements about the U.S. economy during a media address. He falsely claimed there was "no inflation" despite core inflation rates being at 2.6 percent. Trump also exaggerated the reduction in drug prices under his "most favored nation" program, claiming reductions of up to 600 percent, which is mathematically impossible. Additionally, he discussed a pending Supreme Court case regarding his tariff authority, stating the U.S. would have to return money if the ruling goes against his administration, which is partially accurate. Al Jazeera examined these claims, finding them to be largely factually incorrect.