U.S. President Donald Trump suggested possible dividend payments for middle and lower-income Americans financed by tariff revenues, amid rising consumer prices.
Dividend payment proposals
Before boarding Air Force One, Trump told reporters, "There could be a distribution or a dividend to the people of our country for middle-income people and lower-income people." These payments could address rising inflation and increased consumer prices.
Historical context and previous ideas
Nearly two weeks ago, Trump mentioned that his administration was considering sending rebate checks funded by tariff revenues, targeting "people of a certain income level." He emphasized that the primary government priority is reducing the national debt, which exceeds $36 trillion.
Extension of tariff negotiation deadline
The Trump administration imposed tariffs on most of America's trading partners to correct the trade imbalance. The deadline for countries to negotiate better terms has been extended to August 7. Experts note that many nations facing high tariffs will be eager to enter negotiations.
The discussion of payments from tariff revenues raises significant questions about economic health and citizens' financial conditions, especially amidst rising prices, potentially impacting public sentiment.
