💥 Discover this must-read post from Investopedia | Expert Financial Advice and Markets News 📖
📂 Category: Government News,News
✅ Main takeaway:
:max_bytes(150000):strip_icc():format(jpeg)/GettyImages-2245571885-91c2d87c16034a1f8f833371cb2acca4.jpg)
Key takeaways
- President Donald Trump on Sunday again raised the possibility of examining Americans’ tariff earnings.
- In a message on Truth Social, Trump suggested the check could be worth “at least” $2,000 per person, although high-income earners would not qualify.
The boss says he still wants to send you a check.
President Donald Trump said in a Sunday morning message on Truth Social that “dividends of at least $2,000 per person” would be paid to “everyone.” No further details on timing and eligibility were immediately available, and the White House did not respond to emailed questions in time for publication, but Trump said in his letter that high-income earners would not receive the payment.
Trump’s letter read: “People who oppose tariffs are fools! We are now the richest and most respected country in the world, with almost no inflation, and a record stock market price.”
Why this matters to Americans
President Trump and other leaders continue to talk about the possibility of sending checks to Americans; Some countries already do this in different forms. Whether and in what form the federal checks will arrive remains an open question.
Trump’s statement introduced an idea that has spread in various forms this year, with members of Congress at times discussing the possibility of stimulus checks. New York State is sending “inflation refund” checks to some residents.
The president himself has discussed the issue, although a payment of $2,000 or more would be higher than some of the amounts he mentioned. Earlier this year, the idea of “DOGE dividends” was also floated.
Last week, the Supreme Court heard oral arguments in a case that raised questions about Trump’s authority to impose tariffs in the manner his administration adopted in his second administration.
The case has raised questions not only about presidential power but about what might happen if some of Trump’s tariffs are overturned for legal reasons, injecting new uncertainty into the outlook of businesses, economists and investors as the fourth quarter of last year began.
US stock markets fell last week, partly influenced by trade issues, although concerns about the labor market and high stock valuations, as well as questions about the future path of interest rates, also played a role.
🔥 What do you think?
#️⃣ #customs #excise #checks #President #Trump
