President Trump wants to send Americans $2,000 tariff rebate checks in 2026, but many Republicans argue the money should be used to reduce the national debt. Analysts say the plan may cost twice as much as the projected tariff revenue, raising concerns about funding and inflation. While a few lawmakers support the idea, most remain skeptical, and some may seek alternative ways to satisfy Trump’s proposal.

Cyclone Ditwah is expected to push Sri Lanka’s inflation higher due to damage to agriculture and disruptions in supply chains. Analysts warn the rupee may weaken further as the country increases imports of essential goods. The LKR has already depreciated 1.3% in the past month amid low forex liquidity and higher import demand.

Japan’s LDP Suffers Major Election Setback as Inflation, Immigration Shape Political Upheaval