President Donald Trump has announced a plan to send direct payments of at least $2,000 to most Americans, with the funds coming from tariffs his administration has imposed on foreign goods.

Trump announced the proposal on Truth Social, stating that high-income earners would be excluded from receiving payments. “A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone,” he said.

Related: The 1 big thing you need to know about how Trump’s tariffs have driven up prices

The administration has not released specifics about income thresholds for eligibility. For comparison, pandemic-era stimulus checks used income limits of $75,000 for individuals and $150,000 for families.

The proposed payments would draw from tariff revenue, which are taxes compa

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