A Trump adviser said he expects the president to introduce a proposal, but the fate of tariff rebates is ultimately up to Congress.

President Donald Trump made a lot of tariff threats and trade promises this year. Many materialized into a barrage of new import taxes that overturned decades of U.S. economic policy — but others have yet to be fulfilled as 2025 comes to a close.

It’s been a rollercoaster of a year for U.S. trade policy.

Under Burchett’s bill, the standard deduction for those filing jointly or as surviving spouses would increase by $4,000 – the 2026 standard deduction is set to be $32,200 for this group. Heads of household, who face a standard deduction of $24,150 in the next tax year, could see a $3,000 increase. “All other Americans” would see a $2,000 increase.

Camping World CEO Marcus Lemonis discusses the Trump administration's affordability agenda for 2026, including tax breaks and tariff changes.

Rumors about new stimulus checks, IRS direct deposits, relief payments and tariff dividends swirled throughout 2025, and they’re continuing to circulate as we head into 2026. But is there any truth to them?

Algoma Steel initiated at Jefferies with Hold rating, saying tariff pressures overshadow benefits from the Canadian steel producer's ongoing strategic transformation.

Analysts looking forward to what is in store on the tariff front in 2026 see limited deescalation as likely next year, with President Trump as intent as ever on keeping rates at current, historically high levels.