Connect with us

Hi, what are you looking for?

Editor's Pick

Trump announces primetime address to the nation

President Donald Trump will give an address to the nation live from the White House on Wednesday night, he announced on Tuesday.

Trump teased the address in a statement on social media, saying the speech will take place at 9 p.m. ET on Wednesday. He has not clarified a topic for the address.

‘My Fellow Americans: I will be giving an ADDRESS TO THE NATION tomorrow night, LIVE FROM THE WHITE HOUSE, at 9 P.M. EST. I look forward to ‘seeing’ you then. It has been a great year for our Country, and THE BEST IS YET TO COME!’ Trump wrote.

Trump last formally addressed the nation in November after two members of the West Virginia National Guard were shot in the nation’s capital.

The Trump administration has touted its economic agenda throughout the closing months of the year. Trump himself has highlighted his tariff agenda and pushed last month for Americans to receive payment checks funded by tariff revenues. He vowed that ‘hundreds of millions of dollars in tariff money’ would be distributed as dividends by mid-2026.

‘We’ve taken in hundreds of millions of dollars in tariff money. We’re going to be issuing dividends probably by the middle of next year, maybe a little bit later than that,’ Trump told reporters in the Oval Office.

The president first floated the idea in early November, saying he would use tariff revenue to send $2,000 payments to low- and middle-income Americans, with any remaining funds directed toward paying down the nation’s soaring debt.

With the nation’s debt hovering just north of $38 trillion, revenue from tariffs amount to little more than a rounding error: billions collected against trillions owed.

The proposal comes at a pivotal moment, with tariff receipts climbing and the Supreme Court reviewing the legality of Trump’s trade measures.

Since Trump announced his ‘Liberation Day’ tariffs in April, tariff revenues have climbed sharply from $23.9 billion in May to $28 billion in June and $29 billion in July. 

Total duty revenue reached $215.2 billion in fiscal year 2025, which ended Sept. 30, according to the Treasury Department’s Customs and Certain Excise Taxes report.

Fox News’ Amanda Macias contributed to this report.

This post appeared first on FOX NEWS







    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.



    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Economy

    Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

    Latest News

    Not since LeBron James was drafted 20 years ago has there been this much excitement about an NBA prospect – as shown by the...

    Investing

    Bitcoin Rebounds to $83,404 on April 11, 2025 Amid Renewed Investor Confidence On April 11, 2025, Bitcoin (BTC-USD) demonstrated a significant rebound, opening at...

    Latest News

    Here’s a look at the life of Imelda Marcos, the former first lady of the Philippines. Wife of the late Ferdinand Marcos, who ruled...

    Disclaimer: Boostyoursavings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Boostyoursavings.com