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Trump says Americans would receive $2,000 tariff dividend, according to report
- Amid ongoing debate over his trade policy, Trump announced on Sunday that most Americans will receive at least $2,000 from tariff revenue, without specifying when or who qualifies.
- Through the first three quarters of this year, Treasury Department recorded $195 billion in tariff duties, which fund a policy aiming to restore manufacturing jobs and shift tax burdens.
- Treasury Secretary Scott Bessent told CNBC that the $2,000 dividend's form is unsettled and could include tax changes rather than immediate checks, while Bitcoin and Ether prices nudged higher after the announcement.
- Last week the U.S. Supreme Court heard oral arguments challenging the tariffs after lower federal courts ruled them an overreach, and analysts say direct tariff payments would require Congress approval.
- Economists warn tariffs will raise consumer prices and slow job growth amid rising costs, while President Donald Trump says tariff revenue will help pay down the $37 trillion national debt.
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Trump Promises Higher Prices ‘On Everything’ Just in Time for the Holidays – No, Really!
Tis the season to be jolly. Fa la la la, etc. That is, unless you are among the majority of Americans who suffering under the burden of Donald Trump’s disastrous economic agenda that places the interests of regular people below those of Trump’s wealthy friends and the corporations that kowtow to him for governmental favors. Click here to post this article on Twitter or Click here to post on Bluesky There is a relentless stream of inbred tone dea…
Coverage Details
Total News Sources530
Leaning Left61Leaning Right98Center167Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 19%
C 51%
R 30%
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