The Treasury Department says tariff rebate checks would target working families and include income limits, though the proposal remains under negotiation and would require congressional approval.
Korea-U.S. tariff negotiations have stalled as Washington demands $350 billion upfront, with disputes over cash, swaps, and profit-sharing intensifying.
The U.S. abruptly canceled high-level tariff talks with South Korea just days before a crucial deadline, disrupting Seoul’s negotiating plans and raising concerns over a looming 25 percent tariff.