U.S. President Donald Trump talks to reporters as he departs the White House on July 25, 2025 in Washington, DC. Trump is traveling to his Balmedie golf courses in Scotland this week.

President Donald Trump said the administration is considering a rebate for some consumers from revenue raised by higher tariffs on U.S. trade partners.

When asked by a reporter on Friday at the White House about a possible rebate for Americans from tariff revenue, Trump said: “We’re thinking about that. We have so much money coming in, we’re thinking about a little rebate.”

“The big thing we want to do is pay down debt,” Trump said. “But we’re thinking about a rebate.”

“A little rebate for people of a certain income level might be very nice,” he said.

It’s unclear whether a rebate could happen without Congressional approval. If enacted, it’s unknown whether the rebate would come via stimulus checks or another form of tax relief, experts say.

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“It’s kind of unlikely that they would go ahead and do that,” said Tax Foundation senior economist Alex Durante. “But I wouldn’t put anything past this administration.”

The Treasury Department reported an unexpected surplus for June, with a boost from tariff revenue. Customs duties totaled roughly $27 billion for the month, compared to $23 billion in May. The duties reflect a 301% gain from June 2024.