President Donald Trump has committed to giving Americans a $2,000 tax refund based on tariffs revenues next year.

Trump's tariffs have been the focus of controversy and debate as many international trade partners have instituted retaliatory tariffs on U.S. imports and created uncertainty in the market this year.

Trump spoke on the potential checks in a on Tuesday, Dec. 2, during which he also called the "affordability" issue a "Democrat scam," and .

Why does President Trump want to issue tariff checks?

Tariffs are paid for by domestic consumers in the form of higher prices on imported goods, Trump indicated when he told reporters on "may in some cases," raise prices.

According to estimates from the the tariffs amount to a tax increase of $1,100 per U.S. household in 2025 and $1,400

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