Meanwhile, President Donald Trump defended his trade agenda in a Truth Social post this morning, calling opponents of his tariffs “fools” and promising rebate checks for Americans, APA reports quoting CNN.
“People that are against Tariffs are FOOLS!” Trump’s post read. “We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER. We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. Record Investment in the USA, plants and factories going up all over the place. A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”
Trump has previously weighed the idea of $2,000 rebates through revenue generated from tariffs. In an interview with OAN on October 1, Trump said. “We’re thinking maybe $1,000 to $2,000 — it would be great.”