In President Trump’s first acknowledgment that U.S. consumers are footing at least some of the bill for his tariff regime, Trump has said most Americans can expect to receive a “dividend” from tariffs of $2,000 or more, as the levies generate a surge in revenue.
The comments follow Trump’s admission in the Oval Office on Thursday that U.S. consumers are “paying something” for tariffs.
On Sunday, President Trump took to Truth Social, stating:
“People that are against Tariffs are FOOLS! We are now the Richest, Most Respected Country In the World, With Almost No Inflation, and A Record Stock Market Price. 401k’s are Highest EVER. We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. 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.”
Following Trump’s post, Treasury Secretary Scott Bessent emphasized he hadn’t spoken to the president but speculated, “the $2,000 dividend could come in lots of forms, in lots of ways. It could be just the tax decreases that we are seeing on the president’s agenda — no tax on tips, no tax on overtime, no tax on Social Security – deductibility on auto loans.”
Bessent stated, “Over the course of the next few years, we could take in trillions of dollars. But the real goal of tariffs is to rebalance trade and make it more fair.”
By CEO NA Editorial Staff
