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President Trump Gives Update On Tarrif Rebate Checks That Will Put Money In Your Pocket
Thanks to President Trump’s tariffs, you could have a few extra hundred dollars you pocket.
During the Trump administration’s Cabinet meeting on Tuesday, President Trump shared that his administration currently has a concept that will give the American people a dividend from the revenue they have received from tariffs.
Trump did not say the dividend would be given out officially, but he made sure to add that it was a possibility.
Newsweek reported more details on the rebate checks:
President Donald Trump said Tuesday that there is a “concept” of a tariff rebate check for Americans.
When asked by a reporter during his cabinet meeting for an update about the prospects for tariff rebate checks, the president said:
“We have a lot of money coming in. It’s coming in tremendous numbers. There’s a concept of making a dividend to the people of this country who have paid a lot of taxes and got nothing for it.”
“There’s a possibility. Primarily we want to pay down debt, but there’s a possibility that we take a piece of it and make a dividend to the people.”
Shortly into his second term in the White House, Trump announced that he would increase levies on international goods being brought into the U.S. to usher in a “golden age of America” and correct trade imbalances. These tariffs are largely paid by U.S. companies — and their consumers — that bring goods into the country from abroad.
Consumer confidence in the United States fell in August after a weaker-than-expected jobs report and amid Trump’s new tariffs. The consumer confidence index declined 1.3 points to 97.4 in August, The Conference Board said.
Inflation has crept higher in recent months, though it is down from a peak of 9.1 percent three years ago. Tariffs have not spurred inflation as much as some economists worried but are starting to lift the prices of heavily imported goods such as furniture, toys, and shoes. Consumer prices rose 2.7 percent in July from a year ago, above the Fed’s target of 2 percent. Excluding the volatile food and energy categories, core prices rose 3.1 percent.
Watch Trump here:
JUST IN: President Trump announces a DIVIDEND could be dispersed to the American people from tariff revenue “who have had to suffer through stupid leadership”
“There’s a possibility. Primarily, we want to pay down debt – but there’s a possibility we take a peace of it and… pic.twitter.com/qdHpxEo3fR
— Eric Daugherty (@EricLDaugh) August 26, 2025
CNN has even admitted Trump’s tariff polices have raked in billions of dollars:
Hardly a day goes by without President Donald Trump boasting about the record tariff revenue the US government has been collecting since he ratcheted up taxes on almost every imported good.
“We have a lot of money coming in, much more money than the country’s ever seen,” Trump said over the weekend, referring to tariff revenue.
Trump’s right: The US government collected nearly $30 billion in tariff revenue last month, according to the Treasury Department. That’s a 242% jump in tariff revenue compared to last July.
Since April, when the president began imposing a 10% tariff across nearly all goods, among several other steeper levies that followed, the government collected a total of $100 billion in tariff revenue, three times the amount collected during the same four months last year.
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