Trump, tariff rebate
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The tariff regime will cost you an extra $132 for gifts this year, which could have "a real impact on many families," LendingTree's Matt Schulz says.
Under Hawley’s bill, each adult would receive “at least $600,” as would each dependent child. The total rebate for a DINK household (dual income, no kids), for example, would be at least $1,200, while a family of four could receive $2,400.
President Donald Trump has warned that the Supreme Court will leave the United States “defenseless’’ and possibly “reduced to almost Third World status’’ if it strikes down the tariffs he imposed this year on nearly every country on earth.
Wall Street has now priced in some of the net effects of White House policies that have yet to take shape, from lower taxes to potential stimulus checks. Why it matters: That leaves less potential upside for stocks when those policies actually materialize.
Treasury Secretary Scott Bessent said President Trump’s proposed dividend of $2,000 a person could come in the form of tax decreases, rather than direct payments. In an interview Sunday on ABC