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

Michigan law firm sued over alleged racial bias in diversity scholarships

Michigan law firm sued over alleged racial bias in diversity scholarships

By Elyse ApelThe Center Square Two groups have sued a Michigan law firm for operating scholarships they allege are “racially discriminatory.” Do No Harm, a national anti-DEI policy advocacy group,...

WATCH: Libertarian concerns persist as IL Sec of State announces IDs for Apple Wallet

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Digital IDs have gone live in Illinois, but libertarians say the move makes it easier for governments...
Illinois quick hits: Pritzkers meets the Pope; Broadview to close street outside ICE facility

Illinois quick hits: Pritzkers meets the Pope; Broadview to close street outside ICE facility

By Jim Talamonti | The Center SquareThe Center Square Pritzkers meets the Pope Gov. J.B. Pritzker says it was an honor for he and the first lady to meet with...
DHS launches new initiative to crack down on student visa fraud

DHS launches new initiative to crack down on student visa fraud

By Bethany BlankleyThe Center Square The U.S. Department of Homeland Security has launched a new initiative to crack down on student visa fraud. It’s launched a new online tool through...
'Ghost projects' haunt power grid planners and taxpayers

‘Ghost projects’ haunt power grid planners and taxpayers

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – As the country braces for a surge in electricity demand driven by large energy users like...
WATCH: $10M campaign finance fine dropped; Digital ID unveiled, Chicagoans speak up

WATCH: $10M campaign finance fine dropped; Digital ID unveiled, Chicagoans speak up

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 reviews actions taken...
ICE, Border Patrol agents experience historic surge of vehicular attacks this year

ICE, Border Patrol agents experience historic surge of vehicular attacks this year

By Bethany BlankleyThe Center Square A surge in targeted vehicular attacks against U.S. Immigration and Customs Enforcement and Border Patrol officers have occurred this year “driven by hateful rhetoric from...
Poll: Americans support eliminating Department of Education

Poll: Americans support eliminating Department of Education

By Esther WickhamThe Center Square A new national poll reveals strong American voter support for eliminating the U.S. Department of Education. The survey by the nonprofit Yes. Every Kid Foundation,...
Exclusive: Nonprofit leader urges fight against 'woke capitalism'

Exclusive: Nonprofit leader urges fight against ‘woke capitalism’

By Andrew RiceThe Center Square A bill designed to protect the United States' court system from foreign influence is too broad, according to Trent England, director of the nonprofit Save...
As pennies disappear, businesses turn to hoarding, rounding

As pennies disappear, businesses turn to hoarding, rounding

By Brett RowlandThe Center Square Americans can continue to spend pennies, but few businesses are giving them back as the coin's 232-year run comes to an end. Some businesses have...
Chicago tax proposals draw concern over legality, 'economic death spiral'

Chicago tax proposals draw concern over legality, ‘economic death spiral’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson’s allies have launched a seven-figure campaign to support his 2026 budget proposal, but...
Illinois quick hits: Former governor proposes millionaire's surcharge; digital state ID launched

Illinois quick hits: Former governor proposes millionaire’s surcharge; digital state ID launched

By Jim Talamonti | The Center SquareThe Center Square Former governor proposes millionaire's surcharge Former Gov. Pat Quinn is pushing for a state constitutional amendment requiring Illinois millionaires to pay...
Louisiana Rep. Clay Higgins defends Epstein 'no' vote

Louisiana Rep. Clay Higgins defends Epstein ‘no’ vote

By Natalie ChandlerThe Center Square LouisianaRepublican Rep. Clay Higgins of Lafayette, the only U.S. House of Representatives lawmaker who voted against releasing documents associated with convicted sex offender Jeffrey Epstein...
U.S. Senate passes bill to release Epstein files, heads to Trump's desk

U.S. Senate passes bill to release Epstein files, heads to Trump’s desk

By Andrew RiceThe Center Square The U.S. Senate on Tuesday agreed to pass a bill by unanimous consent requiring the U.S. attorney general to release all documents related to convicted...
Abbott designates Muslim Brotherhood, CAIR as foreign terrorist organizations

Abbott designates Muslim Brotherhood, CAIR as foreign terrorist organizations

By Bethany BlankleyThe Center Square Gov. Greg Abbott is the first governor in the United States to designate two Muslim groups as Foreign Terrorist and Transnational Criminal Organizations. On Tuesday,...