Trump Considers Sending Rebate Checks For Americans From Tariff Revenues: Report

President Donald Trump reportedly revealed on Friday that he is considering sending rebate checks to Americans from the tariff revenues earned by the United States.

Addressing reporters at the White House while leaving for a trip to Scotland, President Trump said rebate checks for people at a certain income level might be “very nice,” according to a Bloomberg report.

“We’re thinking about that actually — we have so much money coming in, we’re thinking about a little rebate.”

The President also said paring down the U.S. debt was another aspect under consideration by his administration, but added that they’re also thinking about handing out rebates to Americans.

This comes at a time when the U.S. has shored up a few trade deals, including with the U.K. and Japan, while there are “confines of a deal” with China, according to the President. He also said there is a 50-50 chance of a trade agreement with the European Union.

According to data from the U.S. Department of Treasury, the revenue earned by the United States government from customs duties exceeded the $90 billion mark during the first half of 2025, with most of it accruing in the second quarter, according to Bloomberg.

Of this, $66.3 billion was earned between April and June. President Trump announced the “Liberation Day” tariffs on April 2.

Meanwhile, U.S. equities surged in Friday morning trade.

The SPDR S&P 500 ETF (SPY), which mirrors the S&P 500 index, was up 0.17% at the time of writing, while the Invesco QQQ Trust (QQQ), which mirrors the Nasdaq 100, rose 0.16%. Retail sentiment around the S&P 500 ETF on Stocktwits was in the ‘neutral’ territory.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Also See: Volkswagen CEO Hopes To Score A Better Tariff Deal With Trump After Taking A $1.5B Hit: Report

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