On Sunday, President Donald Trump proposed a $2,000 "dividend" for most Americans, funded by tariffs, and claimed the policy has driven record investment in U.S. manufacturing. He offered no details on delivery; the White House did not comment. Treasury Secretary Scott Bessent said it could take many forms, including tax decreases. The plan arrives as the Supreme Court weighs Trump’s use of the IEEPA to levy broad duties. Erica York of the Tax Foundation estimated the payout would cost about $300 billion, while new tariffs have raised $120 billion so far, and potential refunds could further curb revenue.

Prepared by Lauren Mitchell and reviewed by editorial team.