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Chuck Schumer: “Business investment was down 3% in the last quarter before…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

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JUST IN: Schumer Savages Trump Over Shock Jobs Report, Blasts Tariffs And 'Trump's Trade War'

Published | Video Starts at 04:44

They say that didn't happen, he just makes it up. But Donald Trump, you pay the price for making it up because businesses don't know what you're doing. And so they cut back. Business investment was down 3% in the last quarter before Donald Trump was president. And let's not forget he's trying to sell. 15% tariff is a great thing. Before Donald Trump was president, these countries had tariffs in the 1 to 2% range. (04:44–04:52)

CLAIM

Asserts that business investment decreased by 3% in the last quarter before Trump's presidency.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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