U.S. Treasury Secretary Janet Yellen: Trump talks about issuing $2,000 tax refunds to families earning less than $100,000 a year

On November 12, Bessent stated in an interview with Fox News that the government is discussing a "tariff bonus" plan to provide $2,000 tax refunds to families with an annual income below $100,000, but no final decision has been made yet. He reiterated that "massive" tax refunds will arrive in early 2026. He also revealed that the Trump administration is set to announce "substantial" tariff news in the coming days and plans to implement tariff reductions on goods such as coffee and bananas. The Treasury Secretary expects that real income in the U.S. is projected to rebound in the first and second quarters of next year. He attributed the "minor hiccup" in the economy to the government shutdown and emphasized that the economy was in good shape before the shutdown. Bessent also disclosed the Trump administration's immigration and training plan, suggesting the introduction of skilled workers to work in the U.S. for 3 to 7 years to train American workers, after which they would return to their home countries. Tariff Bonus Plan Still Under Discussion Bessent revealed that Trump is discussing a plan to provide $2,000 tax refunds to families with an annual income below $100,000. He stated that there are "many options" being discussed for the tariff bonus, but no decision has been made yet. The Treasury Secretary reiterated a previous commitment that "massive" tax refunds will be issued in early 2026. This timeline means that relevant policies need to finalize specific plans within this year. Bessent clearly stated in the interview that, in addition to coffee, bananas and other fruits will also receive tariff reductions. He emphasized that substantial tariff news will be announced in the coming days, but did not disclose specific reduction amounts or implementation timelines. Analysts believe that this statement indicates the Trump administration is adjusting tariff policies to alleviate pressure on consumer goods prices. Tariff reductions on everyday consumer goods like coffee and fruits may directly lower living costs for American families. Temporary Introduction Plan for Skilled Workers Regarding immigration policy, Bessent proposed a targeted plan: to introduce overseas skilled workers to work in the U.S. for 3 to 7 years for the purpose of training American workers, after which these overseas workers will return to their home countries. This statement shows that the Trump administration is trying to find a balance between restricting immigration and meeting labor market demands, emphasizing technology transfer and the training of local labor