President Donald Trump promised a $2,000 payment for every American as a tariff “dividend,” in a post Sunday morning.
The post comes after the Supreme Court questioned the legality of his use of emergency powers to impose sweeping new tariffs on nearly every country on Earth.
“A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” read Trump’s post on Truth Social.
Trump added that the tariffs have brought in “trillions of dollars” and that 401(k) accounts are the “Highest EVER”. He also claimed there was “No Inflation” from the duties.
“People that are against Tariffs are FOOLS!,” he wrote.
The US collected about $151 billion from import duties between April and October, according to the Committee for a Responsible Federal Budget.
Treasury Secretary Scott Bessent said he expected the US to collect $500 billion or more in tariff revenue per year.
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