{"id":41655,"date":"2025-11-16T22:30:20","date_gmt":"2025-11-16T22:30:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/41655\/"},"modified":"2025-11-16T22:30:20","modified_gmt":"2025-11-16T22:30:20","slug":"trump-gives-update-on-when-2000-tariff-dividend-checks-could-go-out","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/41655\/","title":{"rendered":"Trump gives update on when $2,000 tariff dividend checks could go out"},"content":{"rendered":"

WASHINGTON \u2014 President Trump\u2019s proposed $2,000 tariff dividend checks<\/a> for American citizens are coming, he promised \u2014 but no date has been finalized yet.<\/p>\n

The president gave an update on the timing of the potential payouts <\/a>on Friday, saying they won\u2019t come in time for the Christmas shopping season.<\/p>\n

Instead, he said he\u2019s planning to dole them out in 2026 as he grapples with a tough midterm election cycle.<\/p>\n

President Trump is hoping to send out tariff dividend checks next year. Bloomberg via Getty Images<\/p>\n

\u201cIt will be next year. The tariffs allow us to give a dividend. We\u2019re going to do a dividend and we\u2019re also going to be reducing debt,\u201d Trump told reporters aboard Air Force One en route to Mar-a-Lago.<\/p>\n

Looming over the tariff dividends are concerns that the Supreme Court could strike down Trump\u2019s \u201ctrafficking\u201d and \u201creciprocal\u201d tariffs following a tough oral argument for the administration<\/a>.<\/p>\n

When asked if Trump would still send out tariff dividend checks if the Supreme Court rolls back his tariffs, Trump said, \u201cThen I\u2019d have to do something else.\u201d<\/p>\n

Additionally, the tariff rebate would need approval from Congress, where several Republicans have previously expressed skepticism, and instead said Trump should be focusing on slashing the federal budget deficit.<\/p>\n

Trump administration officials have given few specifics about how tariff rebate checks would work. Last week, Treasury Secretary Scott Bessent explained that the administration was still figuring out an income limit.<\/p>\n

\u201cWell, there are a lot of options here that the president\u2019s talking about a $2,000 rebate and those \u2014 that would be for families making less than, say, $100,000,\u201d Bessent told \u201cFox & Friends\u201d\u00a0last Wednesday.<\/p>\n

President Trump needs approval from Congress and may have to win the Supreme Court case to make the tariff dividend payments. Getty Images<\/p>\n

Then he quickly clarified that \u201cit\u2019s in discussion\u201d and \u201cwe haven\u2019t\u201d decided on that limit. <\/p>\n

The president unveiled the proposal earlier this month and caveated that the plan is to exclude \u201chigh income people,\u201d without specifying a specific income threshold. <\/p>\n

Trump announced the plan shortly after a majority of justices on the Supreme Court sounded deeply skeptical of the tariffs he\u2019s implemented under the International Emergency Economic Powers Act (IEEPA). <\/p>\n

Since early on in his second term, Trump has used IEEPA, a statute that doesn\u2019t mention the word tariffs at all and that no president prior to him has used to impose duties, to slap customized tariffs on virtually every country. <\/p>\n

President Trump\u2019s tariff dividend push came after Democrats swept off-year elections by focusing on affordability. Getty Images<\/p>\n

The IEEPA tariffs have brought in some $90 billion between their implementation and Sept. 23,\u00a0according to data<\/a>\u00a0from US Customs and Border Patrol.\u00a0<\/p>\n

For context, all of Trump\u2019s tariffs, including the IEEPA ones and other duties that weren\u2019t in the Supreme Court\u2019s crosshairs, took in $195.9 billion between the start of fiscal year 2025 and Aug. 31, per US Customs and Border Patrol data.<\/p>\n

Many of those tariffs, especially the IEEPA ones, were not fully implemented at the start of fiscal year 2025, which means the administration could raise more revenue from them if they were kept in place for a full fiscal year.<\/p>\n

If the $2,000 dividend payments were narrowed to individuals earning under $100,000, it would cost about $300 billion,\u00a0according to an estimate<\/a>\u00a0from Erica York, the Tax Foundation\u2019s vice president of federal tax policy.<\/p>\n

A COVID-19-era proposal to dole out $2,000 checks to families was estimated to cost some\u00a0$464 billion,\u00a0according to the Committee for a Responsible Federal Budget<\/a>.<\/p>\n

Should Trump lose the Supreme Court case on the IEEPA tariffs, he could be forced to refund them, though it\u2019s not entirely clear how that process would work. <\/p>\n","protected":false},"excerpt":{"rendered":"WASHINGTON \u2014 President Trump\u2019s proposed $2,000 tariff dividend checks for American citizens are coming, he promised \u2014 but…\n","protected":false},"author":2,"featured_media":41656,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[12565,153,9,11,10,23981,87,2973,2083,58],"class_list":{"0":"post-41655","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-christmas","9":"tag-donald-trump","10":"tag-new-york","11":"tag-new-york-headlines","12":"tag-new-york-news","13":"tag-paychecks","14":"tag-politics","15":"tag-supreme-court","16":"tag-tariffs","17":"tag-us-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/41655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=41655"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/41655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/41656"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=41655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=41655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=41655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}