Simply put, many businesses in the US rushed to stockpile inventory prior to Trump’s tariffs coming into affect earlier this year, allowing them to postpone the hefty import fees they would otherwise have incurred.
With warehouses now running low on stock, however, Trump is banking on companies being forced to pay the full amount to continue operating their businesses, thus swelling the amount raised by the tariffs.
Now, $2,000 per person sounds almost too good to be true, and there are those who remain skeptical as to its feasibility. Not to mention the fact that inflation in the US has been rising since January (according to the Consumer Price Index).
Where do you stand on the promised checks? Let us know in the comments box.
