President Donald Trump said over the weekend that most Americans could receive a $2,000 dividend sourced from U.S. tariff revenues, the suggestion coming as the Supreme Court is set to rule on the administration’s import taxes.
Trump’s suggestion, which was made early Sunday on his Truth Social social media website, came after the administration defended his use of tariffs in the Supreme Court last week. Some justices had appeared skeptical of his usage of the International Emergency Economic Powers Act (IEEPA) to invoke the tariffs.
What Trump Said
Praising the tariffs in his weekend post, Trump said those opposing the duties are “fools” and that the revenue generated as a result will be used to pay off the U.S. national debt. He then suggested that payments could be sent to Americans who are not “high-income people.”…