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Trump says Americans would receive $2,000 tariff dividend, according to report
- Amid ongoing debate over his trade policy, Trump announced on Sunday that most Americans will receive at least $2,000 from tariff revenue, without specifying when or who qualifies.
- Through the first three quarters of this year, Treasury Department recorded $195 billion in tariff duties, which fund a policy aiming to restore manufacturing jobs and shift tax burdens.
- Treasury Secretary Scott Bessent told CNBC that the $2,000 dividend's form is unsettled and could include tax changes rather than immediate checks, while Bitcoin and Ether prices nudged higher after the announcement.
- Last week the U.S. Supreme Court heard oral arguments challenging the tariffs after lower federal courts ruled them an overreach, and analysts say direct tariff payments would require Congress approval.
- Economists warn tariffs will raise consumer prices and slow job growth amid rising costs, while President Donald Trump says tariff revenue will help pay down the $37 trillion national debt.
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Will Americans really get $2,000 from Trump’s tariff ‘dividend’? Experts say don’t count on it
Over the weekend, 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 […] The post Will Americans really get $2,000 from Trump’s tariff ‘dividend’? Experts say don’t count on it appeared first on Poynter.
Trump’s tariff “dividend” plan: spend imaginary money, break actual law
Stable genius Donald Trump’s latest idea for economic relief sounds simple enough: take the billions supposedly pouring in from his tariffs and hand every middle- and lower-income American a $2,000 “dividend.”
·United States
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Total News Sources503
Leaning Left56Leaning Right98Center150Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 19%
C 49%
R 32%
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