Trump promises $2,000 check for every American thanks to tariff revenue he’s collected

Donald Trump has vowed to give a $2,000 check to every American, thanks to the tariff revenue his administration has collected. 

The president made the exciting announcement on Sunday morning – blasting those who hated on his tariff strategy as ‘fools.’ 

He said that the dividend of at least $2,000 would be paid to everyone, bar ‘high income people,’ although he did not state what the threshold for that would be.

The president also generally lauded the state of the US, calling it ‘the most respected country in the world.’ He said there is ‘almost no inflation, and a record stock market price.’

Trump cited ‘trillions of dollars’ of tariff income and said the money would soon go to paying the country’s ‘enormous debt’ of $37trillion. 

The Truth Social post comes after the Supreme Court questioned the legality of his use of emergency powers to impose tariffs on almost every country in the world – allies and enemies alike. 

The US collected around $151billion in tariff revenue between April and October, according to the Committee for a Responsible Federal Budget. 

Treasury Secretary Scott Bessent said he expected the US will collect at least $500billion in tariff revenue per year. 

But with the legality of those tariffs now in question, it is unclear what will happen to the money that has already been collected.

The US government has spent $7trillion in fiscal year 2025, which is $1.78trillion more than it collected over the same period, according to US Treasury Fiscal Data.

An extra $500billion in revenue would slice into that deficit by a little less than a third.

This is a breaking news story.