Trump's Tariff Dividend Plan, Supreme Court Ruling Uncertainty
Update: 2025-11-11
Description
Former President Trump warns of economic disaster if Supreme Court rules against his use of emergency powers for tariffs. He proposes a two-thousand-dollar payment to lower and middle-income Americans using tariff revenues, with the rest going towards reducing the national debt. Trump reiterates this idea, suggesting its now feasible due to a surge in tax revenues. Supreme Court justices express doubts about Trumps authority to impose tariffs, potentially leading to refunds for importers if these tariffs are deemed illegal. Trump claims required repayments would exceed two trillion dollars, leading to an economic and national security disaster. He also highlights a decline in inflation since he took office, arguing that tariffs on imports continue to raise prices for various items.
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