Trump: Americans to receive $2,000 each from tariff revenue

Spread the love

President Donald Trump on Sunday said every American with the exception of the wealthy will receive $2,000 from the revenue the U.S. has collected from tariffs.

“A dividend of at least $2000 a person (not including high-income people!) will be paid to revenue,” Trump posted on Truth Social. He did not say when or how the tariff revenue would be distributed.

“We are now the richest, most respected country in the world with almost no inflation and a record stock market price. 401Ks are highest ever,” Trump wrote. “We are taking in trillions of dollars and will soon begin paying down our enormous debt, $37 trillion. Record investment in the USA, plants and factories going up all over the place.”

Trump has said he wants to use tariffs to restore manufacturing jobs lost to lower-wage countries in decades past, shift the tax burden away from U.S. families and pay down the national debt. Economists, businesses and some public companies have warned that tariffs will raise prices on a wide range of consumer products.

Trump’s Liberation Day tariffs have been challenged in federal courts as unconstitutional by some business groups and Blue states, who argue that only Congress has the authority to enact tariffs. The U.S. Supreme Court last week heard oral arguments in a consolidated case challenging the tariffs.

Even some of the court’s conservative justices seemed skeptical of Trump’s authority to issue sweeping tariffs. Trump addressed that skepticism in his social media post.

“So let’s get this straight? The president of the United States is allowed (and fully approved by Congress) to stop ALL TRADE with a foreign country (which is far more onerous than a tariff) and LICENSE a foreign country, but it is not allowed to put a simple tariff on a foreign country, even for the purposes of NATIONAL SECURITY,” he wrote. “That is not what our great founders had in mind. The whole thing is ridiculous! Other countries can tariff us, but we can’t tariff them? It is their DREAM!!! Businesses are pouring into the USA ONLY BECAUSE OF TARIFFS. HAS THE UNITED STATES SUPREME COURT NOT BEEN TOLD THIS??? WHAT THE HELL IS GOING ON???”

The Center Square’s Brett Rowland contributed to this report.

Leave a Comment





Latest News Stories

WATCH: Governor candidate: Low-cost districts shine while most IL schools spend, fail

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – According to a Republican candidate for Illinois governor, schools in the state can succeed without spending big....
Fed cuts rates after holding off for months amid tariff turmoil

Fed cuts rates after holding off for months amid tariff turmoil

By Brett RowlandThe Center Square The Federal Reserve announced a quarter-percentage-point rate cut on Wednesday, after taking a wait-and-see approach to President Donald Trump's sweeping tariffs. Wednesday's rate cut was...

WATCH: Pritzker threatens executive action regulating hemp if legislature won’t act

By Greg Bishop | The Center SquareThe Center Square (The Center Square) − After previous attempts were unsuccessful, Illinois Gov. J.B. Pritzker says he may take executive action to address...
Exclusive: Laws exacerbate firearm instructors shortage

Exclusive: Laws exacerbate firearm instructors shortage

By Elyse ApelThe Center Square A shortage of firearms instructors is continuing to cause chaos for many Colorado citizens, especially in light of recent gun laws for concealed carry licenses....
House committee to examine possible link between 'radicalization,' social media apps

House committee to examine possible link between ‘radicalization,’ social media apps

By Sarah Roderick-FitchThe Center Square After revelations that the suspect in the shooting death of conservative activist Charlie Kirk disclosed details of the assassination on a social media site, the...

WATCH: Illinois congresswoman OK withholding federal tax funds to change state policy

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – An Illinois congresswoman says she’s OK with plans of withholding federal tax dollars from Illinois if it...
Chicago mayor: 'We do not have a spending problem' as spending, deficit grows

Chicago mayor: ‘We do not have a spending problem’ as spending, deficit grows

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Mayor Brandon Johnson says Chicago does not have a spending problem, even as city government spending soars...
WATCH: Trump calls Pritzker ’nothing’ in public safety push; U.S. Rep. Mary Miller live

WATCH: Trump calls Pritzker ’nothing’ in public safety push; U.S. Rep. Mary Miller live

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop airs the latest...
Illinois quick hits: Three dead outside Berwyn school; steady economic conditions reported

Illinois quick hits: Three dead outside Berwyn school; steady economic conditions reported

By Jim Talamonti | The Center SquareThe Center Square Three dead outside Berwyn school A Berwyn middle school is closed for instruction today after three people died in what authorities...
City Council 9.16.25.2

Casey Hires Hometown Engineer Ryan Staley as New Director of Public Works

Article Summary: The Casey City Council has officially appointed Casey native and civil engineer Ryan Staley as the city's new Director of Public Works, positioning him to take over for...
Meeting Briefs

Meeting Summary and Briefs: Casey Township Library Board of Trustees for August 7, 2025

Casey Township Library Board of Trustees Meeting | August 7, 2025 The Casey Township Library Board took another step toward replacing its failed air conditioner on Thursday, August 7, 2025,...
WATCH: Illinois prison mail scanning rule faces lawmaker scrutiny

WATCH: Illinois prison mail scanning rule faces lawmaker scrutiny

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Emergency rules from the Illinois Department of Corrections to scan inmate mail are under review by...
Illinois quick hits: Edgar funeral details released; O'Hare measles exposure warning

Illinois quick hits: Edgar funeral details released; O’Hare measles exposure warning

By Jim Talamonti | The Center SquareThe Center Square Edgar funeral details released Funeral services have been announced for former Illinois Gov. Jim Edgar. The public can pay last respects...
WATCH: Leading IL House Republican urges Pritzker to address SNAP errors

WATCH: Leading IL House Republican urges Pritzker to address SNAP errors

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The leading Republican in the Illinois House is raising the alarm that Illinois taxpayers are on the...
WATCH: Pritzker criticizes Trump as feds make arrests in immigration enforcement blitz

WATCH: Pritzker criticizes Trump as feds make arrests in immigration enforcement blitz

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker is questioning President Donald Trump’s health as federal authorities arrive in Illinois to ramp...