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Summary

In a half-hour inaugural address, newly sworn-in President Donald Trump twisted some facts while painting the last few years under his predecessor, Joe Biden, as a time of “decline” and promising that “the golden age of America begins right now.”

We also flagged a few falsehoods in Trump’s subsequent remarks to supporters in Emancipation Hall in the Capitol.

• Trump said “we will tariff and tax foreign countries to enrich our citizens.” But Trump’s proposed tariffs would be paid by U.S. importers — not foreign nations — who often pass such costs on to U.S. consumers through higher prices on products.

• He falsely stated that the U.S. recently experienced “record inflation” under the Biden administration. Consumer prices have increased at faster rates during multiple other periods in U.S. history.

• Trump wrongly claimed that 38,000 American lives were lost during construction of the Panama Canal and that China now operates the canal. A Hong Kong-based company manages ports at either end of the canal.

• Citing North Carolina and other states post-Hurricane Helene, Trump misleadingly claimed that the federal government “can no longer deliver basic services in times of emergency.” FEMA was actively involved in providing food, water and other supplies, offering more than $344 million in assistance within weeks of the disaster.

• He said the U.S. has “the largest amount of oil and gas of any country on...

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