Trump proposes $2,000 tariff dividend for Americans. Would this work?

"Over the weekend, United States President Donald Trump promised Americans $2,000 each from the trillions of dollars in tariff revenue he said his administration has collected. During his second term, Trump has imposed tariffs broadly on countries and on specific goods such as drugs, steel and cars. People that are against Tariffs are FOOLS! Trump said in a November 9 Truth Social post."

"Tariffs are projected to generate well below trillions a year, making it harder to pay each person $2,000. And the administration already said it would use the tariff revenue to either pay for existing tax cuts or to reduce the federal debt. Trump's post came days after the US Supreme Court heard arguments about the legality of his tariff policy. The justices are weighing whether Trump has the power to unilaterally impose tariffs under the International Emergency Economic Powers Act."

"The administration has published no plans for the tariff dividends, and in a November 9 ABC News interview, Treasury Secretary Scott Bessent said he had not spoken to Trump about giving Americans a dividend payment. Details about a potential payment have been limited to Truth Social posts. Trump said everyone, excluding high income people, would get the money, but did not explain the criteria for high-income people. He also did not say whether children would receive the payment."

Trump pledged $2,000 per person from tariff revenue collected during his second term, excluding high-income people but without defined income thresholds or child eligibility. Tariffs have been applied broadly across countries and specific goods including drugs, steel and cars. Projected tariff revenue is expected to be far below the trillions claimed, complicating the feasibility of a universal $2,000 payment. The administration has published no implementation plan, and Treasury Secretary Scott Bessent said he had not discussed a dividend with Trump. A pending Supreme Court review of IEEPA authority could halt much future tariff revenue.

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