Facing growing public pessimism about his handling of the economy, US President Donald Trump has fired off a flurry of proposals to address consumer concerns, including an idea to give most Americans a $2,000 (£1,500) payment.

Trump previously downplayed concerns about cost of living, insisting the outlook had improved in his nine months in office. He said affordability was a "new word", and a "con job" by Democrats.

But he has focused on the issue with some urgency since his Republican Party's poor performance in last week's off-year elections across a handful of states.

The president calls the rebates, which he has previously proposed, a "subsidy". But in reality they would operate more like a dividend for federal revenue generated by his tariffs on foreign imports.

The rest of the tariff revenue, he has said, would go to reducing the federal budget deficit.