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  • 7 weeks ago
U.S. President Donald Trump says he may hand out dividends of up to USD2,000 for American taxpayers, funded by the revenue generated from his tariffs.
Transcript
00:00Welcome back. U.S. President Donald Trump is considering handing out dividends to Americans funded by the revenue generated from his tariffs.
00:09The plan aims to provide financial relief to taxpayers, with potential rebates ranging from 1,000 to 2,000 U.S. dollars.
00:18Any disbursement from the federal government, however, would require congressional approval.
00:23Trump's proposal came as the Supreme Court is scheduled to hear arguments next month on whether the President has the authority to impose sweeping global tariffs.
00:35Citing data from the Treasury Department, Fox Business reported that the Trump administration has collected around $214.9 billion in tariff revenues so far this year.
00:47In August 2025, the U.S. national debt reached a record high of $37 trillion, driven by persistent budget deficits, increased federal spending, and defense expenditures.
01:00Trump has suggested using tariff revenues implemented starting in April to help pay down the national debt without rising taxes on American households.
01:10He added that the U.S. has already received $200 billion from tariffs this year, with an annual target of $1 trillion.
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