President Donald Trump has reaffirmed his plan to provide $2,000 payments to low- and middle-income Americans, saying the funds will come from what he calls the “massive” revenue the U.S. is collecting through newly expanded tariffs. In an update posted on Truth Social, Trump said the federal government now earns significant income from tariffs placed on imports from nearly all countries. According to him, this money is enough to fund the $2,000 dividends and still leave extra revenue.
Trump added that any remaining funds—after distributing the payments—will be used to help reduce the national debt, which he estimated at $37 trillion. He emphasized that only low- and middle-income Americans would receive the payments, excluding high earners.
