Speculation ended Sunday when President Donald Trump announced a proposal that could reshape economic debate. Writing on Truth Social, he said every American could receive a $2,000 “tariff dividend,” funded by tariffs his administration has imposed worldwide. Supporters praised it as a direct benefit to citizens, while critics questioned its legality, cost, and political timing.

The plan arrives as the Supreme Court weighs whether Trump can legally use “emergency powers” to impose sweeping tariffs on nearly all nations. A ruling is expected by next June and could have major consequences for the policy’s future.

Trump insisted the dividend would go to “ordinary Americans, not the wealthy.” He claimed tariffs have generated enormous revenue, boosted retirement accounts, and caused “no inflation,” sharply criticizing opponents who argue tariffs raise prices and strain the economy.

Treasury Secretary Scott Bessent later clarified that the $2,000 might not be a direct payment. Instead, it could come through tax cuts or credits linked to tariff revenue. Between April and October, U.S. import duties brought in about $151 billion, with estimates suggesting as much as $500 billion annually.

Skepticism remains strong, even among Republicans. Senator Bernie Moreno pointed to the nation’s $37 trillion debt, saying such a proposal would likely never pass. Legal challenges could also force refunds if tariffs are overturned. Whether the dividend ever materializes, the idea highlights the gap between bold promises, legal limits, and economic reality.