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Trump says the U.S. government will use tariff revenue to pay $2,000 to most Americans.
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Supreme Court is reviewing whether Trump’s tariffs were legally authorised.
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Nigeria, Ghana, and South Africa among countries hit by new tariff increases.
U.S. President, Donald Trump, has announced a plan to pay a $2,000 “dividend” to most Americans using revenue from tariffs collected on imported goods.
Trump disclosed this on Sunday through his Truth Social platform, claiming the U.S. government is generating “trillions of dollars” from tariffs and could begin paying down its $37 trillion national debt.
“A dividend of at least $2,000 a person (not including high-income people!) will be paid to everyone,” Trump said, describing it as a reward from the country’s trade gains.
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Tariff Policy Faces Legal Test
The renewed proposal comes amid a Supreme Court review into the legality of Trump’s tariffs imposed during his presidency.
READ ALSO: Adeboye Urges Tinubu to Seek Diplomacy Amid Trump’s Threat to Nigeria
Justices recently heard arguments suggesting that the tariffs, introduced as emergency trade measures, may have functioned as a revenue-raising tax, which would require separate congressional approval.
If the court rules against the former president, the U.S. government could be forced to refund over $100 billion to affected importers.
Treasury Defends Policy
U.S. Treasury Secretary, Scott Bessent, defended the tariffs on ABC’s “This Week”, saying the intent was to re-balance global trade, not to raise revenue.
The issue has resurfaced after recent elections, as voters blamed the tariffs for increased inflation and higher import prices.
Global Implications
In a revised trade plan announced in July 2025, Trump imposed tariffs of up to 30% on imports from countries including South Africa and Algeria, while Nigeria and Ghana were hit with 15% duties.
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