Trump Announces $2,000 Checks For Americans — Here's Who Could Get Them
Tamilore Onikosi
2 min read
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U.S. President Donald Trump speaks in the Oval Office - Roberto Schmidt/Getty Images
While tariffs have been a significant area of focus for the Trump administration — with levied rates now ranging from 10% to 100% across different countries and goods — they have also been controversial. Economists have argued that the tariffs do more harm than good. Meanwhile,
consumers, who are ultimately paying for the tariffs, complain about bearing the cost, which equates to a household income loss of roughly $2,400 a year according to
Yale Budget Lab.
On the other hand, the president's administration argues that the tariffs will improve the economy by reducing the trade deficit and addressing injustices in global trade. Data from the
U.S. Department of the Treasury supports some of those claims, showing total revenue from customs duties worth $195 billion as of September 2025. That's a whopping 250% increase from the past fiscal year.
Now, it looks like that revenue may trickle down to the average citizen, with Trump announcing plans to give out tariff checks to all non-high-income-earning Americans from the revenue generated by the tariffs. The proposal was publicized on Sunday, November 9, in a
Truth Social post, where the president announced dividends worth at least $2,000 per person. In the same post, the president mentioned plans to divert some of the revenue towards paying off the country's debt.
yahoo.com