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

  • 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 ... (full story)

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Forgediron
Jul 25, 2025 9:16pm
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Quoting Trader#472A
So he admits there will be price rises at consumers end, say around 10-50%.. Some would call this inflation, Trump calls it MAGA
Well of course there will be. That’s actually the WHOLE POINT of placing tariffs on imported goods, to make them more expensive.
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Schultz
Jul 27, 2025 1:51am
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Projected fiscal deficit of $1.86 trillion this year.

About the maximum that the import tax will raise is $300 billion. Could be more. Could be less.

Good luck with paying down the debt with those numbers.
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Trader#472A
Jul 25, 2025 4:10pm
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So he admits there will be price rises at consumers end, say around 10-50%.. Some would call this inflation, Trump calls it MAGA
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FourxTwoxs
Jul 25, 2025 4:56pm
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This guy is all over the place. I'm pretty sure there's nothing about a "rebate" in the Mar-A-Lago Accord. Stephen Marin will need addend some stimmys for the plebs to their economic plan.
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Trader#472A
Jul 25, 2025 9:52pm
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Quoting Forgediron
{quote} Well of course there will be. That’s actually the WHOLE POINT of placing tariffs on imported goods, to make them more expensive.
But up till this point Trump claims the countries who he has placed tariffs on will be paying them.
OF COURSE any semi intelligent person understands who actually pays, and its NOT the country of origin...
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Trader#71CF
Jul 26, 2025 8:03am
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a worthless stupid evil old man who is ruining the world
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