Trump Again Floats Idea of Giving $2,000 to Most Americans

TIME

President Donald Trump has suggested that the majority of Americans could receive $2,000 in dividends, claiming that the U.S. is bringing in “trillions of dollars” due to an influx of tariff revenue.  “People that are against tariffs are fools. We are now the richest, most respected country in the world. We are taking in trillions of dollars and will soon begin paying down our enormous debt… Record Investment in the USA, plants and factories going up all over the place,” claimed Trump via Truth Social. “A dividend of at least $2000 a person (not including high-income people) will be paid to everyone.”

Transcript

00:00How close are you to a trade deal with India?

00:02Are you willing to consider lowering the current tariff rate?

00:05Well, right now the tariffs are very high on India because of the Russian oil,

00:09and they've stopped doing the Russian oil.

00:11It's been reduced very substantially.

00:13Yeah, we're going to be bringing the tariffs down.

00:16What kind of level are we talking about here?

00:18I mean, at some point, no, at some point we're going to be bringing them down.

00:21Without tariffs, we would be, this country would be in such trouble,

00:25as they were for many years.

00:27That's why we owe $38 trillion.

00:28And one of the things we're going to do, we're going to issue a dividend

00:32to our middle-income people and lower-income people of about $2,000.

00:38And we're going to use the remaining tariffs to lower our debt.

00:41We're going to be lowering our debt, which is a national security thing.

00:44So we're doing a lot of good work.

00:47The numbers were reported so incorrectly.

00:49The real numbers are trillions of dollars have been taken in

00:53or gotten in terms of investment from the tariffs.

00:57And so if that were ever reversed, it would be a disaster.

01:01Frankly, it would be a national security problem for our country.

01:04And nobody thinks it's going to be reversed.

01:06I think we had a very good court case.

01:08As you know, it's before the Supreme Court right now.

01:10And we're going to be larger than we do this.

01:25Okay.

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