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President Donald Trump posted that Americans will receive $2,000 stimulus checks from tariff dividends. Here's what we know so far about the checks.
14hon MSN
Will Texans get $2,000 stimulus checks now that the government shutdown is over? What to know
Several times this year, President Trump has suggested using a portion of the government revenue generated from new tariffs to provide rebate checks to taxpayers within certain income brackets.
During the COVID-19 pandemic, most Americans received multiple stimulus checks to relieve the financial pressure caused by the pandemic-related closures. These checks helped people to stabilize their finances and avoid financial disaster in the wake of closed businesses and mass layoffs.
Expectations for more stimulus have been growing since Sanae Takaichi—a known fiscal expansionist—won the leadership election of Japan’s ruling party last month.
The White House said officials are exploring ways to implement a plan to distribute money from tariff revenue.
Japan's economic stimulus package will exceed 17 trillion yen ($110 billion), Finance Minister Satsuki Katayama said after meeting with Prime Minister Sanae Takaichi, the Nikkei business daily reported on Sunday.