Trump, tariffs and stimulus checks
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During the COVID-19 pandemic, most Americans received multiple stimulus checks to relieve the financial pressure caused by the pandemic-related closures. These checks helped people to stabilize their finances and avoid financial disaster in the wake of closed businesses and mass layoffs.
Don’t spend that money just yet! Rumors are circulating online that the federal government will issue new stimulus checks before the end of the year. But Congress has not passed any legislation authorizing payments,
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Is a new stimulus payment coming? November 2025 IRS direct deposit fact check
No new federal stimulus checks are authorized for November 2025; Congress has not passed any new legislation, and the IRS has made no confirmation. President Donald Trump has proposed using tariff revenue to pay a dividend of at least $2,000 per person (excluding high-income individuals), but this is currently just a proposal.
Trump's new idea to send a $2,000 "dividend" to most people is the latest in a string of unrealized plans to give money back to Americans.
Two newly appointed members of the Japanese government's top economic panel called on Wednesday for an economic stimulus package larger than last year's, highlighting a stronger reflationist sway on fiscal policy under the new administration.