One simple criteria you have to meet to receive ‘tariff dividends’ of ‘at least $2,000’ as Trump gives expected payout date
President Donald Trump’s promise that Americans will be given ‘tariff dividends’ worth ‘at least $2,000’ has sparked a deluge of questions, with the most important being – ‘When am I getting my money?’
After placing heavy tariffs on US companies and consumers seeking to import products from abroad from the start of his administration, Trump may be hoping that this dividend will win over the 61 percent of the public who disapprove of his trade war.
“We’ve taken in hundreds of billions of dollars in tariff money. We’re going to be issuing dividends,” Trump said this month in a renewal of his pledge, revealing that it could be paid by ‘the middle of next year, a little bit later than that’.
When he announced the payment, the president said that the scheme will be restricted to individuals on ‘low, moderate and middle incomes’, without being particularly forthcoming on the criteria that people will have to meet.
When he announced the payment, the president said that the scheme will be restricted to individuals on ‘low, moderate and middle incomes’, without being particularly forthcoming on the criteria that people will have to meet.
However, the biggest impediment to you receiving this healthy pay boost could be reality itself, with Treasury Secretary Scott Bessent recently pouring cold water on the idea while speaking to Fox Business.
He told the show that ‘we will see’ if the dividend comes to fruition, adding that Trump would need to pass legislation through Congress to approve the massive spending package.
Bessent also made it clear that the income threshold for the dividends was not set in stone, floating a payout ‘that would be for families making less than, say, $100,000’.
The Committee for a Responsible Federal Budget has calculated that it could cost as much as $600 billion each year to administer the handout – more than twice what the administration is raking in through tariffs.