President Donald Trump said Sunday that most Americans will receive a dividend of at least $2,000 funded by US tariff revenues, excluding high-income earners, in a Truth Social post that also cited plans to pay down $37 trillion in debt. The Supreme Court is reviewing the legality of his sweeping tariffs under the IEEPA after lower courts found many levies unlawful. Trump had floated a $1,000–$2,000 'distribution' in October, projecting tariff revenues over a trillion dollars annually. Treasury reported $195 billion in customs duties for fiscal 2025. This is a developing story.
Prepared by Lauren Mitchell and reviewed by editorial team.
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