The ships that made it through the #straitsofhormuz before the attacks haven’t got to port yet. This has a very long tail #exxonknew #Trumpflation #straitsoftrump

The White House website offers a far lower number, $10.5 trillion, & that figure appears to include some investment commitments made during the #Biden admin.

A study published in January raised doubts about whether more than $5 trillion in investment commitments made last year by many of America’s biggest trading partners will actually materialize & questions how it would be spent if it did.

#FactCheck #TrumpLies #economy #Trump
https://apnews.com/article/trump-economy-investment-foreign-2f7dc458d48f044c31fbc9128e867206

THE FACTS: Trump has presented NO evidence that he’s secured this much domestic or foreign investment in the US. Based on statements from various companies, foreign countries & the White House’s own website, that figure appears to be exaggerated, highly speculative & far higher than the actual sum [total bullshit].

#FactCheck #TrumpLies #economy

#Oil is a commodity, “the price of which is set in a global market,” University of Chicago #energy analyst Sam Ori said before Trump’s speech, “& a disruption anywhere affects the price everywhere.’’ Which is why the price of benchmark #US crude oil is up more than 50% since the #Iran #war began, & the average price of US gallon of #gasoline cracked $4 a gallon this week.

#FactCheck #TrumpLies #IranWar #Trump #economy #energy #GasPrices

THE FACTS: It’s true that the #US is by far the world’s leading producer of oil & relies on the Persian Gulf for a fraction (8.5% in 2025) of the oil it imports. But, as is obvious at US gas pumps, that doesn’t mean it is unaffected by the turmoil in the Middle East.

#FactCheck #TrumpLies #IranWar #Trump #economy #energy

However, HRANA said thousands more may have been killed, though internet & communication restrictions in #Iran since have made verifying the reports incredibly difficult. It put total arrests at more than 53,000.

Iran’s government, which long has played down death tolls in other unrest, offered its only toll on Jan. 21, saying 3,117 people were killed.

#FactCheck #TrumpLies #IranWar #Trump

THE FACTS: A death toll that high has not been verified.

The US based group Human Rights Activists News Agency, which has been accurate in multiple rounds of demonstrations in #Iran, said it confirmed the deaths of just over 7,000 people in the nationwide protests that reached their apex in January.

#FactCheck #TrumpLies #IranWar

The monthlong #war has seen #Iran’s paramilitary Revolutionary Guard [#IRGC] grow even more ascendant. Iran’s civilian leadership — broadly untouched by the war — acknowledges it has little command & control over the Guard’s actions.

Both #Trump & #Israel have signaled they would tell the Iranian people to rise up at a point in the war to take back their government. That hasn’t happened.

#FactCheck #TrumpLies #IranWar

FACTS: #Trump’s depiction of the new #Iran leadership stretches credulity.
Israel’s airstrike at the start of the war killed Supreme Leader Ayatollah Ali #Khamenei. Iran then installed his son, Mojtaba, who is even more hard-line, as supreme leader.

#FactCheck #TrumpLies

Last year, in fact, #US economic growth decelerated under #Trump to a still-respectable 2.1%, partly because the 43-day federal government #shutdown slashed growth from October through December.

Nor has #inflation vanished. The #Labor Department’s #consumer price index was up 2.4% in February compared with a year earlier. It’s still above the #FederalReserve’s 2% target.

#FactCheck #TrumpLies #economy

THE FACTS: This is a standard #Trump claim. But the #economy he inherited was far from weak. In 2024, the last year of the #Biden presidency, #US #GDP grew 2.8%, adjusted for #inflation, faster than any wealthy country in the world except Spain. It also expanded at a healthy rate from 2021 through 2023.

#FactCheck #TrumpLies #economy