US President Donald Trump's proposal to send $2,000 as a tariff dividend to Americans may cost $600 billion each year, according to USA Today, citing a nonprofit Committee for a Responsible Federal Budget.

The $600 billion cost is double the revenue that the United States is expected to generate through tariffs announced under the Trump administration. Also Read | How will Americans get Trump's $2,000 tariff dividend? Here's what Bessent says

How much revenue US may generate from tariffs?

The tariffs proposed under Trump's administration are expected to generate $300 billion every year, according to a report by Fortune.

What did Trump promise?

On Sunday, Trump targeted people who criticise tariffs and promised a dividend of at least $2,000 per person, excluding high-income

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