President Donald Trump announced on Truth Social Sunday that he intends to distribute a $2,000 “dividend” to most Americans, describing it as a reward funded by what he calls massive tariff gains from foreign nations.
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” he wrote, touting the plan as a direct benefit of his sweeping trade policies.
The announcement followed closely on the heels of a Supreme Court session questioning whether Trump’s broad use of emergency powers to impose tariffs on nearly every nation complies with constitutional limits.
Trump insisted that his aggressive tariff strategy has been a huge success, declaring that it has generated “trillions of dollars” while leaving the economy strong and prices stable. He also boasted that retirement savings were thriving, noting that 401(k) accounts are the “Highest EVER” and asserting there was “No Inflation” linked to the trade duties.
He took aim at critics of his economic approach, posting bluntly, “People that are against Tariffs are FOOLS!”
Government data, however, paints a more measured picture. Between April and October, the U.S. collected roughly $151 billion in import duties, according to the Committee for a Responsible Federal Budget. Treasury Secretary Scott Bessent projected that the nation could bring in “$500 billion or more” in tariff revenues annually as the program expands.
{Matzav.com}
