Donald Trump, Supreme Court and tariffs
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Iran, Donald Trump
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President Trump spoke about the $2,000 stimulus check this week and said when Americans get paid. When will you get your check, NJ? What we know.
U.S. President Donald Trump issued a proclamation on Wednesday imposing a 25% tariff on certain high-end chips, including Nvidia's (NVDA) H200 and AMD's (AMD) MI325X. "This tariff will not apply to chips that are imported to support the buildout of the U.
Some experts have said $2,000 checks would not be the best use of tariff revenue. For starters, the revenue from tariffs falls short of that needed for a proposed rebate, says Scott Lincicome, vice president of general economics at the Cato Institute, a libertarian think tank.
Mr. Trump and his supporters have taken the opposite view, arguing that the strong economy is evidence the president’s economic plan is working perfectly. The president has been able to usher in the highest tariffs in a century with minimal inflation and a booming economy, they say.
As Mr. Trump took to the stage, he touted the economy and also his victory in the 2024 election in Michigan. Mr. Trump called the event the "easiest speech I've had to make" because "all I'm doing is spewing off what the hell we've done."
Trump proposed a new timeline for when Americans can expect $2,000 tariff dividend checks in a recent interview.
President Donald Trump lashed out at Federal Reserve Chair Jerome Powell again on Tuesday. Trump's criticism comes after some fellow Republicans expressed their support for Powell. Powell said he is facing a criminal probe in retaliation for his defiance of Trump's wishes.
Trump said he's aware that a "pretty substantial number" of people have been killed over the more than two weeks of demonstrations. Sources told CBS News at least 12,000 — and possibly upwards of 20,000 — are now feared dead.