President Donald Trump is considering issuing rebate checks to low-income Americans, funded by revenue generated from tariff increases imposed by his administration on U.S. trading partners. This proposal aims to return some of the tariff income collected back to American taxpayers as financial relief. The discussions about rebate checks have been reported by multiple sources and confirmed by the White House press pool. Trump emphasized that the tariff money would be used specifically to provide these rebates, potentially offering stimulus support targeted at lower-income households.
Update: Hawley now has a bill pushing for tariff rebates. Seems copied after covid relief parameters and thus would be clawed back for richer Americans. Would seem there are better ways (like less tariffs) to make the policy less regressive https://t.co/KspgppvOqL https://t.co/Q2mwzVa80F
Senator Josh Hawley (R-MO) proposes $600 tariff stimulus rebates for low-income earners #MacroEdge
Legislation introduced Monday by Sen. Josh Hawley, R-Mo., would provide tariff rebate checks of at least $600 to American families, after Trump signaled his administration would “consider” sending checks based on the billions his tariffs have collected. https://t.co/CxCKe6TvPP https://t.co/IYgige1Psy