President Trump said Sunday that most Americans would receive a $2,000 dividend payment as a result of his administration’s tariffs levied against foreign countries.
Trump announced the potential payments on his Truth Social platform, calling opponents of his tariffs “FOOLS” in a post.
“We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion,” the president wrote. “Record Investment in the USA, plants and factories going up all over the place. A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.”
Congressional approval would likely be necessary to provide the payments. There is no specific plan at this point for the dividends, which could cost the government hundreds of billions of dollars.
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