Why do we need rebates if foreign nations are paying the tariffs?” asked one Republican of a proposal in Congress to send Americans tariff rebate checks.

The post Trump Proposes Tariff Rebate Plan for American Consumers appeared first on Self Employed. Former President Donald Trump has announced he is exploring the possibility of implementing a tariff “rebate” for American consumers, though details of the potential economic measure remain limited.

On Monday morning, Trump said the baseline tariff rate for the world will be “in the range of 15 to 20% ... probably one of those two numbers.” “We’re going to be setting a tariff for essentially the rest of the world,