Rebate

Tariff Money Keeps Rolling In as Trump Promises Rebate Check

Tariff Money Keeps Rolling In as Trump Promises Rebate Check

Key Takeaways The monthly U.S. budget statement for October showed that tariffs generated $31 billion in revenue for the government, continuing the steady rate of collection since President Donald Trump’s reciprocal tariffs were implemented. Some economists have estimated that Trump’s proposal for a $2,000 tariff rebate check in 2026 could cost around $300 billion, less […]

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Tariff Revenues Surging, But Don’t Expect Rebate Checks Anytime Soon

Joe Biden

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump’s import tariffs are generating far more revenue than previously expected. Speaking on CNBC’s Squawk Box, Bessent revealed that his earlier $300 billion estimate will be revised “substantially upward,” though he declined to provide an exact figure. Hawley Pushes the “American Worker Rebate Act” Depositphotos Photo

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