Overview

• Trump for the first time named a potential range for tariff-funded rebates, saying he is considering $1,000 to $2,000 per person and calling the concept a dividend.
• He said paying down the federal debt remains his top priority even as he weighs directing part of the tariff proceeds to households.
• Treasury data show about $214.9 billion in tariff receipts so far this year, and Secretary Scott Bessent projects at least $300 billion by year-end.
• Any distribution of tariff revenues to individuals would require approval from Congress.
• The Supreme Court will hear a challenge in early November after the Federal Circuit questioned the tariffs’ legal basis, and Treasury warned the government could face $750 billion to $1 trillion in refunds if the duties are struck down.