Trump's Holiday Promise: $1,776 Bonus for Troops Amid Inflation Woes

President Donald Trump announced a $1,776 Christmas bonus for U.S. troops, funded by tariffs, in a bid to enhance his economic standing as inflation and unemployment pressures mount. With midterm elections approaching, he strives to regain public confidence amidst economic concerns and competition with his predecessor, Joe Biden.

President Donald Trump declared in a White House speech on Wednesday that a $1,776 bonus check will be sent to U.S. troops this Christmas. He announced that tariffs are financing these payments, aiming to pacify public concerns over an economy perceived as faltering.

While Trump described the $1,776 'warrior dividend' as a done deal for 1.45 million military members, American households continue to grapple with increasing costs of groceries, housing, and utilities due to persistent inflation and a weakening labor market.

Amid a backdrop of Christmas trees and a portrait of George Washington, Trump attempted to deflect concerns about inflation onto his predecessor, Joe Biden. With midterm elections looming, the announcement is part of a broader effort to reignite support among a populace skeptical of his economic policies.

(With inputs from agencies.)