On Nov. 9, former President Donald Trump posted on Truth Social that “most Americans will receive a tariff dividend of at least $2,000.”
The idea is part of a broader proposal to use federal revenue generated from new tariffs to fund direct payments to U.S. households.
As of now, Congress has not authorized such a program, and no legislation is in place that would allow tariff revenue to be distributed as direct payments.
Economists also note that tariff revenue is dependent on trade volume and may not provide a consistent or guaranteed funding stream.
https://people.com/donald-trump-promises-2000-tariff-dividend-to-most-americans-11846416
The idea is part of a broader proposal to use federal revenue generated from new tariffs to fund direct payments to U.S. households.
As of now, Congress has not authorized such a program, and no legislation is in place that would allow tariff revenue to be distributed as direct payments.
Economists also note that tariff revenue is dependent on trade volume and may not provide a consistent or guaranteed funding stream.
https://people.com/donald-trump-promises-2000-tariff-dividend-to-most-americans-11846416
On Nov. 9, former President Donald Trump posted on Truth Social that “most Americans will receive a tariff dividend of at least $2,000.”
The idea is part of a broader proposal to use federal revenue generated from new tariffs to fund direct payments to U.S. households.
As of now, Congress has not authorized such a program, and no legislation is in place that would allow tariff revenue to be distributed as direct payments.
Economists also note that tariff revenue is dependent on trade volume and may not provide a consistent or guaranteed funding stream.
https://people.com/donald-trump-promises-2000-tariff-dividend-to-most-americans-11846416
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