(NewsNation) — President Donald Trump recently floated giving $2,000 to most Americans from tariff revenue collected by the administration.
Trump made the proposal on social media Sunday and added that those who are against tariffs are „fools.“
The idea isn’t a new concept. Sen. Josh Hawley, R-Mo., introduced legislation in July that would give $600 tariff rebates to nearly all Americans and their dependent children to „allow hard-working Americans to benefit from the wealth that Trump’s tariffs are returning to this country.“
Here is what to know about the latest proposal:
What has Trump said about tariff checks?
In addition to the $2,000 rebates, Trump suggested the tariff revenue could also be used to pay down the country’s debt, which, according to the U.S. Treasury, is at nearly $38.12 trillion.
In October, Trump announced his administration was considering sending checks ranging from $1,000 to $2,000.
„We’ll pay back debt, but we also might make a distribution to the people, almost like a dividend to the people of America,“ Trump said.
Treasury Secretary Scott Bessent told ABC News on Sunday he had not spoken to the president about the proposal, but that the dividend could come in „lots of forms, in lots of ways“ — not necessarily in the form of stimulus checks.
„It could be just the tax decreases that we are seeing on the president’s agenda,“ Bessent said. „No tax on tips, no tax on overtime, no tax on Social Security. Deductibility of auto loans.“
Who would qualify for tariff rebates?
Trump did not clarify who would qualify for the checks, but wrote that „everyone,“ except „high-income people,“ would be paid at least $2,000.
The administration did not offer additional details on the proposal, which would likely need congressional approval.
According to its September statement, the Treasury Department had collected $195 billion from tariff duties.
Who may qualify for Trump’s proposed $2K tariff check? 2025 IUSTITIA.BG – Investigations 2009-2025 2025-11-10 18:47:06 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
