Trump says tariff checks are ‘probably’ coming to millions of Americans — and soon

Core Points - President Trump has proposed the idea of distributing tariff revenue to Americans, suggesting that the federal government may provide checks due to significant tariff collections this year [1][2] - The president claims tariffs have generated over $1 trillion, with specific amounts from the European Union ($650 billion), Japan ($550 billion), and South Korea ($350 billion) [1] - However, reports challenge this figure, indicating that actual tariff revenue may be over $200 billion [2] Group 1 - The concept of tariff dividend checks is not new; Senator Josh Hawley previously introduced a bill for $600 rebate checks to Americans, advocating for sharing the wealth from tariffs [3] - Critics, including economists, argue against the rebate policy, suggesting that tariff revenue should be used for deficit reduction instead of direct payments [4] - Concerns have been raised that such payments could exacerbate inflation, as increased consumer spending could further pressure prices [5] Group 2 - The article discusses the nature of dividends in investing, explaining that dividends are portions of a company's profits paid to shareholders, typically on a quarterly basis [6] - It highlights the appeal of owning dividend-paying stocks as a means to generate passive income without selling shares, referencing John D. Rockefeller's perspective on the satisfaction derived from receiving dividends [6]