Menu

Search

  |   Politics

Menu

  |   Politics

Search

Trump Floats Rebate Checks Funded by Tariff Revenues Amid Shutdown

Trump Floats Rebate Checks Funded by Tariff Revenues Amid Shutdown. Source: The White House, Public domain, via Wikimedia Commons

U.S. President Donald Trump said on Thursday that his administration is considering sending rebate checks to American taxpayers, funded directly by revenues from newly imposed tariffs. In an interview with OAN News, Trump described the potential payouts as a “dividend” for U.S. citizens, suggesting amounts between $1,000 and $2,000 per person.

Trump argued that tariff collections are beginning to grow significantly, projecting they could eventually generate as much as $1 trillion annually. While his estimate was optimistic, Treasury Secretary Scott Bessent provided a more cautious outlook, noting that tariff revenues could realistically exceed $500 billion. According to Trump, part of this income could be returned to taxpayers, while another portion might be used to reduce the national debt. However, any such rebate program would require congressional approval before moving forward.

The president’s remarks came as Washington faced heightened political tensions. The federal government entered its second day of a partial shutdown after lawmakers failed to agree on a stopgap funding measure. The White House has warned that the prolonged standoff could lead to layoffs and even permanent job cuts within federal agencies.

Trump framed the proposed rebates as a way to show Americans the tangible benefits of his trade policies, arguing that tariff revenues could directly offset costs for households. The idea aligns with his broader push to position tariffs not only as a negotiating tool with trading partners but also as a revenue stream that could benefit ordinary citizens.

As the shutdown continued, Trump emphasized that his administration was exploring “creative solutions” to both ease financial pressure on Americans and address long-term fiscal concerns. Whether Congress supports the plan remains uncertain, but the proposal underscores the White House’s attempt to reframe tariffs as a source of national profit rather than an economic burden.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.