Former President Donald Trump has proposed a $2,000 “tariff dividend,” claiming it could be funded by revenue collected from tariffs during his administration. He suggested payments might arrive by mid-next year, but provided few specifics regarding eligibility, timing, or distribution.

Currently, the idea remains purely theoretical. There is no legislation, no guidance from the IRS, and no formal plan from the Treasury Department. Some analysts speculate that eligibility could mirror previous stimulus checks, potentially including income limits around $75,000 for individuals and $150,000 for couples, which could cover millions of Americans.

Significant financial challenges exist for the proposal. Lawmakers and budget experts have questioned using tariff revenue for direct payments, arguing it should help reduce the national deficit instead. Estimates suggest that implementing such a plan could cost hundreds of billions annually, far exceeding current tariff income. Without congressional approval, the proposal remains uncertain and largely symbolic.