Can’t we start using this money to pay down the debt.
It seems to me that a better answer would be to use the tariff collections to provide more tax relief targeted to grow the economy, and then use the revenues generated by the latter to chop away at the deficit and debt. Everybody wins — even the Chinese if our growth is really good and they play it right.
I’d add that I’m sure Trump is smart enough to do this. But Congress and other pols - not so much. :-(