Trump promises $2,000 dividend from tariff revenue for all Americans
U.S. Trade Representative Jamison Greer joins “Morning with Maria” to discuss the Supreme Court’s tariff standoff, the potential $200 billion fallout and new progress in U.S.-China trade relations.
president Donald Trump He said Sunday that people who don’t support tariffs are “idiots” and pledged to use revenue generated by the tariffs to fund a $2,000 dividend to Americans.
“People who oppose tariffs are idiots! We are now the richest and most respected country in the world, with almost no inflation and a record stock market,” Trump wrote in a post on Truth Social. He added: “Dividends of no less than $2,000 per person (not including high-income earners!) will be distributed to everyone.”
Trump defends tariffs, says US was ‘kingpin king’ due to trade imbalance
Total tariff revenues for fiscal year 2025 rose to $215.2 billion, according to the Treasury Department. (Brandon Bell/Getty Images)
Trump also said that because of his economic agenda, factories and factories are seeing “record investment.” He also said the United States would soon begin “paying down its massive debt,” which currently stands at about $38 trillion, according to the latest figures published by the Treasury Department.
Since Trump announced his “Liberation Day” tariffs in April, tariff revenues have risen sharply from $23.9 billion in May to $28 billion in June and $29 billion in July. Tariff revenues totaled $215.2 billion in fiscal year 2025, which ended on September 30, according to the report. Ministry of TreasuryReport “Customs and Certain Excise Taxes.”
So far in fiscal year 2026, which began on October 1, the United States has raised $35.9 billion.
Trump’s statements came amid renewed legal scrutiny of his trade policies supreme court Last week, oral arguments began to be heard on whether Trump has the authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs and whether those actions violate the Constitution’s separation of powers.
Trump says the trade case before the Supreme Court is “life or death” for the United States
The Supreme Court began hearing Trump’s tariffs case on November 5, 2025. (Valerie Blish/Image Alliance/Getty Images)
A federal appeals court ruled on August 29 that Trump exceeded his authority by using emergency powers to impose new sanctions Definitions On imported goods. The lower court said the authority rests squarely with congress or within existing trade policy frameworks. Now, the nation’s highest court will decide the fate of Trump’s trade agenda.
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The White House previously defended Trump’s tariffs as a legitimate use of presidential powers to protect the economy, in a statement to Fox News Digital.
“We look forward to a final victory in this matter with the Supreme Court,” White House spokesman Khush Desai wrote ahead of oral arguments in the Supreme Court.
2025-11-09 15:20:00
