President Donald Trump said Thursday that 1,450,000 United States military servicemembers will soon each receive bonus checks for $1,776, paid for with revenues raised from tariffs.

“Think of this: 1,450,000 military servicemembers will receive a special, we call ‘Warrior Dividend’ before Christmas,” Trump said in a televised address, adding that the specific amount was in honour of the year the US was founded.

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