{"id":8290,"date":"2025-12-13T22:12:31","date_gmt":"2025-12-13T22:12:31","guid":{"rendered":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2025\/12\/13\/trump-tariffs-live-updates-democrats-say-tariffs-have-cost-each-american-household-an-extra-1200-trump-floats-some-additional-carveouts-yahoo-finance\/"},"modified":"2025-12-13T22:12:31","modified_gmt":"2025-12-13T22:12:31","slug":"trump-tariffs-live-updates-democrats-say-tariffs-have-cost-each-american-household-an-extra-1200-trump-floats-some-additional-carveouts-yahoo-finance","status":"publish","type":"post","link":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2025\/12\/13\/trump-tariffs-live-updates-democrats-say-tariffs-have-cost-each-american-household-an-extra-1200-trump-floats-some-additional-carveouts-yahoo-finance\/","title":{"rendered":"Trump tariffs live updates: Democrats say tariffs have cost each American household an extra $1,200; Trump floats ‘some’ additional carveouts – Yahoo Finance"},"content":{"rendered":"
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\"Yahoo <\/a><\/p>\n

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President Trump has floated at least nine different plans for how revenue from his tariffs could be spent, according to an analysis from Yahoo Finance’s Ben Werschkul<\/a>, dating all the way back to the 2024 presidential campaign.<\/p>\n

The promises have included everything from sending Americans $2,000 tariff dividend checks<\/a> to paying for the tax cuts<\/a> that Republicans instituted over the summer.<\/p>\n

During a recent rally in Pennsylvania<\/a>, Trump reiterated his feelings for the word “tariffs” during his remarks, telling the audience “I love it more than any other word in the dictionary.”<\/p>\n

But after lifting some tariffs<\/a> on items like coffee, oranges, and cocoa, monthly tariff revenues<\/a> dropped, from $31.35 billion received in October to $30.76 billion last month. That marks the first decrease since Trump began implementing the duties.<\/p>\n

Looming over all the tariff talk is the Supreme Court decision that could not only invalidate most of the new tariffs, but possibly force the government to issue refunds<\/a> of up to $100 billion.<\/p>\n

The administration announced a $12 billion bailout fund for farmers<\/a> on Dec. 9, as the agricultural sector has been hard hit by tariff fallout. That money “would not be possible without tariffs,” the president said.<\/p>\n

Soybean exports have come in particular focus, with trade slowing to a crawl as China virtually halted its purchases before the countries agreed to a trade truce in October.<\/p>\n

Despite welcoming the support, US farmers have said<\/a> they need more than a $12 billion aid package to fully offset low crop prices and lost export opportunities due to Trump’s trade war.<\/p>\n

The farm bailout comes amid an increased push on Americans’ price concerns<\/a>. In an interview published Tuesday, Trump allowed he may look for “some” additional carveouts, weeks after his administration slashed tariffs on items like beef, coffee, and bananas.<\/p>\n

Read more: <\/em>What Trump’s tariffs mean for the economy and your wallet<\/em><\/a><\/p>\n