{"id":309482,"date":"2025-11-23T19:52:11","date_gmt":"2025-11-23T19:52:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/309482\/"},"modified":"2025-11-23T19:52:11","modified_gmt":"2025-11-23T19:52:11","slug":"greer-says-2k-tariff-revenue-payments-to-families-wont-fuel-inflation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/309482\/","title":{"rendered":"Greer says $2K tariff revenue payments to families won&#8217;t fuel inflation"},"content":{"rendered":"\n<p>NEWYou can now listen to Fox News articles!\n  <\/p>\n<p class=\"speakable\">U.S. Trade Representative Jamieson Greer said Sunday that potential one-time payments of $2,000 from tariff revenues would not fuel inflation and could provide welcome relief to families.<\/p>\n<p class=\"speakable\">&#8220;This is real money that&#8217;s coming in, and we get to decide what to do with it,&#8221; Greer told &#8220;Fox &amp; Friends Weekend.&#8221;<\/p>\n<p>&#8220;The $2,000, that&#8217;s one option,&#8221; Greer said, adding that President <a href=\"https:\/\/www.foxbusiness.com\/category\/donald-trump\" target=\"_blank\" rel=\"noopener nofollow\">Donald Trump<\/a> is &#8220;eager to discuss and explore more&#8221; proposals.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-calls-tariff-opponents-fools-promises-2000-dividend-payments-americans\" target=\"_blank\" rel=\"noopener nofollow\">TRUMP CALLS TARIFF OPPONENTS &#8216;FOOLS,&#8217; PROMISES $2K DIVIDEND PAYMENTS FOR AMERICANS<\/a><\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/1a224ec1-trade-tariffs-container-ships.png\" alt=\"Container ships docked at the Port of Oakland\" width=\"1200\" height=\"675\"\/> <\/p>\n<p>Total duty revenue reached $215.2 billion in fiscal year 2025. (Justin Sullivan\/Getty Images)<\/p>\n<p>Greer dismissed concerns that the move would stoke rising prices, noting that &#8220;this is not some kind of ongoing new welfare program or something that would exacerbate inflation.&#8221; He added that he expects American families to welcome the checks. &#8220;But I don\u2019t think it would change the overall macroeconomic picture,&#8221; Greer said.<\/p>\n<p>Trump vowed earlier this month that revenue generated from duties could fund a <a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-calls-tariff-opponents-fools-promises-2000-dividend-payments-americans\" target=\"_blank\" rel=\"noopener nofollow\">$2,000 dividend<\/a> for low- and middle-income Americans.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/trump-says-tariff-funded-dividend-payments-americans-begin-next-year\" target=\"_blank\" rel=\"noopener nofollow\">TRUMP SAYS TARIFF-FUNDED DIVIDEND PAYMENTS FOR AMERICANS WILL BEGIN NEXT YEAR<\/a><\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/trump-lawn-white-house.png\" alt=\"President Donald Trump speaks to members of the media on the South Lawn of the White House\" width=\"1200\" height=\"675\"\/> <\/p>\n<p>President Donald Trump has previously said that tariffs are an important part of his national security agenda. (Francis Chung\/Politico\/Bloomberg\/Getty Images)<\/p>\n<p>The president first floated the idea on Nov. 9 and has since suggested that any remaining funds could be used to help pay down the nation\u2019s soaring <a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-says-tariff-revenue-fund-2k-checks-americans-lower-nations-38t-debt\" target=\"_blank\" rel=\"noopener nofollow\">$38 trillion debt<\/a>. Last week, Trump said Americans could see payment checks as soon as next year.<\/p>\n<p>&#8220;We&#8217;ve taken in hundreds of billions of dollars in tariff money. We&#8217;re going to be issuing dividends probably by the middle of next year, maybe a little bit later than that,&#8221; Trump told reporters at the White House.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-says-tariff-revenue-fund-2k-checks-americans-lower-nations-38t-debt\" target=\"_blank\" rel=\"noopener nofollow\">TRUMP SAYS TARIFF REVENUE TO FUND $2K CHECKS FOR AMERICANS, LOWER NATION\u2019S $38T DEBT<\/a><\/p>\n<p>Since Trump announced his &#8220;Liberation Day&#8221; <a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-tariffs-haul-over-200b-revenues-supreme-court-weighs-challenge-legality\" target=\"_blank\" rel=\"noopener nofollow\">tariffs<\/a> in April, tariff revenues have climbed sharply from $23.9 billion in May to $28 billion in June and $29 billion in July.\u00a0<\/p>\n<p>Total duty revenue reached $215.2 billion in fiscal year 2025, which ended Sept. 30, according to the <a href=\"https:\/\/www.foxbusiness.com\/category\/scott-bessent\" target=\"_blank\" rel=\"noopener nofollow\">Treasury Department<\/a>\u2019s &#8220;Customs and Certain Excise Taxes&#8221; report.\u00a0<\/p>\n<p>So far in fiscal year 2026, which began on Oct. 1, the U.S. has collected $40.4 billion, according to the latest numbers published by the Treasury Department.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/apps-products?pid=AppArticleLink\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">CLICK HERE TO GET THE FOX NEWS APP<\/a>\u00a0<\/p>\n<p>The proposal comes at a pivotal moment, with tariff receipts climbing and the Supreme Court reviewing the legality of Trump\u2019s trade measures, a case that could determine the future of his broader <a href=\"https:\/\/www.foxbusiness.com\/politics\/trump-says-supreme-court-case-trade-life-death-us\" target=\"_blank\" rel=\"noopener nofollow\">trade agenda<\/a>.<\/p>\n<p>Amanda covers the intersection of business and geopolitics for Fox News Digital.<\/p>\n","protected":false},"excerpt":{"rendered":"NEWYou can now listen to Fox News articles! U.S. Trade Representative Jamieson Greer said Sunday that potential one-time&hellip;\n","protected":false},"author":2,"featured_media":309483,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,12,101,447,3123],"class_list":["post-309482","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-donald-trump","tag-economy","tag-trade","tag-white-house"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/309482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=309482"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/309482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/309483"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=309482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=309482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=309482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}