The Wall Street Journal (WSJ) editorial board panned President Trump’s proposal to provide $2,000 tariff rebate checks to most Americans, calling it a “Hail Mary pass.”
“President Trump has a big tariff problem: His border taxes are raising prices on tariffed goods, they’re unpopular with voters, and the Supreme Court might rule that his “emergency” tariffs are illegal,” the WSJ board said Sunday.
Trump, in a Sunday Truth Social post, said every American — excluding “high income” individuals — will receive a $2,000 dividend from the revenue the federal government has collected from tariffs he has imposed on foreign trading partners.
Through September, the Treasury Department has collected $195 billion from tariffs this year, an increase of 250 percent, or $118 billion, from fiscal 2024.
