President Donald Trump said he is considering sending rebate checks to Americans using revenue from tariff increases his administration is imposing on US trading partners.

President Donald Trump said he’s considering a tariff “rebate” for some Americans. If authorized, it’s unclear whether it could come as a stimulus check.

President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S. tariffs, said Volkswagen, which owns a host of brands including Audi, Lamborghini and Porsche.

Volkswagen said Friday year-over-year operating profit fell by $1.84 billion in the second quarter as the German automaker navigates the effects of U.S. tariffs

The German automaker said it expects challenges due to political uncertainty, expanding trade restrictions and geopolitical tensions.

WASHINGTON, July 25 (Reuters) - U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China.