View full page at cryptocraft.com

 

Trump floats tariff ‘rebate’ for consumers. That could be a challenge, experts say

From cnbc.com

President Donald Trump said the administration is considering a rebate for some consumers from revenue raised by higher tariffs on U.S. trade partners. When asked by a reporter on Friday at the White House about a possible rebate for Americans from tariff revenue, Trump said: “We’re thinking about that. We have so much money coming in, we’re thinking about a little rebate.” “The big thing we want to do is pay down debt,” Trump said. “But we’re thinking about a rebate.” “A little rebate for people of a certain income level might be very nice,” he said. It’s unclear whether a rebate could happen without Congressional ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis