Trump's Tariff Rebate Plan: What You Need to Know

Former President Donald Trump unveils a plan to distribute tariff funds to middle-income Americans, potentially by mid-2026. With the federal government collecting over $195 billion in tariffs, Trump argues that these funds could help offset higher costs. However, Treasury Secretary Scott Bessent expresses surprise, suggesting that legislation would be needed for direct checks. Meanwhile, Trump emphasizes the protection of American businesses, citing the chip industry as an example. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.