00:00Donald Trump just promised every American a $2,000 tariff dividend, but experts say don't count your
00:06check just yet. In a Sunday post, Donald Trump mentioned America being the richest country in
00:11the world and announced that a dividend of at least $2,000 per person, excluding high-income
00:16earners, will be paid to everyone funded by tariff revenues. He called critics of tariffs
00:22fools and claimed the policy is helping to pay down the nation's $37 trillion debt.
00:27Anthony Pompliano said it's basically fresh stimulus, predicting stocks in Bitcoin only to go
00:32higher in response. But economist Peter Schiff fired back, arguing the math doesn't add up. If the
00:38payouts exceed tariff revenue, consumers will just spend it on more expensive imports, making the
00:44trade deficit worse. Treasury Secretary Scott Bassett added more fuel to the fire, saying the dividend
00:50might not be a direct check at all. Instead, it could come in the form of tax deductions or other
00:55rebates. And while futures jumped this morning, crypto traders on Polymarket are skeptical,
01:01giving just a 16% chance that Americans see any tariff payout by the end of the year.
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