US President Donald Trump has announced a warrior dividend payment to US service members, in a speech in which he also defended his track record on the economy after 11 months back in office.

In a televised address to the nation on Wednesday, Trump said cheques for $1,776 (£1,329) for 1.45 million US service members were already on the way and should arrive before Christmas. He stated the payments would be funded, in part, by his tariffs.

During the combative address, Trump touted his achievements on immigration while criticizing opposition Democrats. Speaking energetically, he aimed to reassure Americans that the economy was doing well, and improvements were on the horizon.

Despite his assertions, many Americans express dissatisfaction over rising prices in housing, childcare, and healthcare. Senate Minority Leader Chuck Schumer condemned the president's remarks, suggesting they illustrated a disconnect from the everyday realities faced by citizens.

The proposed warrior dividend totals $2.57 billion (£1.9 billion) and is said to be distributed in honour of our nation's founding in 1776. Trump reiterated that the funds came from the broad tariffs as well as legislation signed into law on the Fourth of July.

However, his claims about falling prices come amidst rising inflation concerns, with polls suggesting a growing discontent among voters regarding economic conditions. Critics argue Trump's views do not align with the experiences of many struggling Americans.

In the context of upcoming midterm elections, the address reveals the political challenges the Trump administration faces, particularly regarding voter sentiment on the economy.