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Trump Floats $2,000 (RM8,420) Tariff Rebate Amid Supreme Court Challenge

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China Slams US Tariffs, Vows to Stand with India Malaysia Still in Talks with US to Lower Tariffs Before Aug 1 Deadline Malaysia Leads ASEAN in Tackling US Tariffs Through Dialogue trump

President Trump is considering a $1,000–$2,000 “tariff dividend” for Americans, funded by revenue from steep levies imposed on foreign nations. He claims tariffs could generate over $1 trillion annually, helping pay down the $37 trillion national debt. 

Trump Floats Tariff Rebates

The proposal coincides with a Supreme Court case next month that will determine whether Trump had legal authority to impose global tariffs. If ruled illegal, the government may need to refund up to $1 trillion. 

Treasury data shows $214.9 billion in tariff revenue so far this year. Any rebate plan would require congressional approval, echoing past stimulus efforts during the COVID-19 pandemic.

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China Slams US Tariffs, Vows to Stand with India Malaysia Still in Talks with US to Lower Tariffs Before Aug 1 Deadline Malaysia Leads ASEAN in Tackling US Tariffs Through Dialogue trump

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