What Peter Schiff has said about tariffs & trade

Peter Schiff, chief economist at Euro Pacific Asset Management. 3 statements from October 6, 2026 to October 28, 2026, each quoted word for word from the original and checked before publication. Newest first.

October 28, 2026 · on X
“The Sept. U.S. trade deficit in goods was $134.9 billion, the highest ever recorded in Sept. There were only three months in history when the deficit was higher, all under Trump in 2025. Here are the facts. Measured by the size of our trade deficits, Trump has been the worst president in history on trade. The tariffs have been a complete failure. Not only have they failed to bring manufacturing back to the U.S., but the U.S. is now more dependent than ever on foreign producers. Not only are we importing more tha…”
Peter Schiff Says U.S. Trade Deficit Under Trump is "Worst in History" →
October 9, 2026 · on X
“Today Trump announced a deal to supply Russian diesel to U.S. and global markets. Just three weeks ago, he signed a law targeting major buyers of Russian oil and gas with tariffs of up to 100%. The goal was to cut off funding for Putin’s war against Ukraine. So what changed?”
Peter Schiff Questions Trump's Russian Diesel Deal During Prior Tariffs →
October 6, 2026 · on X
“The U.S. trade deficit rose to $105.6B in August from an upwardly revised $92.8B in July, the fifth-biggest monthly trade deficit in history. However, if you exclude the first three months of 2025, when imports were pulled forward to front-run tariffs, and March 2022, when pent-up demand was unleashed by the reopening of the economy following the pandemic shutdown, the Aug. 2026 trade deficit was the biggest monthly trade deficit ever. This proves that despite forcing Americans to pay more for imports, today's t…”
Peter Schiff Says August 2026 Trade Deficit Was Biggest Ever Under Specific Conditions →

Statements are reported from Peter Schiff’s own public posts and appearances, quoted verbatim, checked against the original before publication, and linked to it. Inclusion is editorial and not an endorsement of any view, product, or asset. Full profile: Peter Schiff. The beat: Tariffs & Trade.