Speculation about the US Internal Revenue Service (IRS) issuing relief payments in November has grown, following comments from former President Donald Trump. He suggested he plans to distribute $2,000 (£1,518) stimulus cheques funded by tariffs collected from imports.
In September, the US Treasury collected approximately $33 billion (£25 billion) from tariffs—import taxes passed on to consumers through higher prices. Trump argued that redirecting this revenue into direct payments could help offset the rising costs faced by many Americans.
