In a speech to what he called "the single largest gathering of American farmers that the White House has β¦ ever had," President Donald Trump distorted the facts on the estate tax, soybean exports and more.
Trump falsely claimed that "we saved 2 million American farms from extinction by virtually ending the unfair estate tax." That's roughly the total number of farms in the country. The U.S. Department of Agriculture said only about 1% of farms would have paid any estate tax even if Congress had not permanently extended provisions that were set to expire. Experts say few, if any, farms were saved from extinction.
He wrongly claimed that "American soybeans are now being shipped to China in record amounts." U.S. exports aren't on track for a record this year, and a trade deal the administration announced last year doesn't show record amounts, either.
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