President Donald Trump reiterated his plan to distribute a tariff dividend to Americans at a Cabinet meeting on Tuesday, Dec. 2.

"Next year is projected to be the largest tax refund season ever, and we're going to be giving back refunds out of the tariffs, as we have taken in literally trillions of dollars," Trump said early in the meeting. "We're going to be giving a nice dividend to the people in addition to reducing debt."

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