President Donald Trump has said Americans could see $2,000 tariff dividend checks in 2026, but no exact date has been set yet, although he hinted at the timeline.The payments are expected to come from revenue raised through tariffs.Speaking to reporters aboard Air Force One on Friday, Trump said the checks will not arrive in time for the Christmas shopping season. “It will be next year. The tariffs allow us to give a dividend. We’re going to do a dividend and we’re also going to be reducing debt,” he said.The MAGA chief first floated the idea of tariff dividends earlier this month, suggesting that high-income earners would be excluded, though he did not define a specific income threshold. Trump said his Truth Social platform, “A dividend of at $2000 a person (not including high income people!) will be paid to everyone. Those against the tariffs are FOOLS!”

Rebate for families making less than $100,000

Treasury Secretary Scott Bessent explained last week that the administration was still discussing income limits. “Well, there are a lot of options here that the president’s talking about a $2,000 rebate and those — that would be for families making less than, say, $100,000,” Bessent told Fox & Friends, later clarifying that no final decision had been made.The plan faces legal hurdles. The US Supreme Court has questioned the legality of Trump’s tariffs under the International Emergency Economic Powers Act, raising the possibility that some could be struck down. Trump acknowledged that if the Court rejects the tariffs, “Then I’d have to do something else.” The payments would also require congressional approval, with some Republicans sceptical and urging a focus on reducing the federal deficit.Trump’s tariffs, including IEEPA tariffs, have raised around $90 billion since implementation, with all tariffs taking in $195.9 billion in fiscal 2025. Analysts estimate that if the $2,000 dividend were limited to individuals earning under $100,000, the cost would be about $300 billion, according to the New York Post. Trump has repeatedly argued that tariffs are a tool to rebalance trade and support American businesses. Treasury Secretary Bessent said the tariffs are intended to create a “perfect storm” for rebalancing trade rather than merely raising revenue.The GOP leader remains committed to the idea of sending checks to Americans. “We are taking in Trillions of Dollars and will soon begin paying down our ENORMOUS DEBT, $37 Trillion. Record Investment in the USA, plants and factories going up all over the place,” he posted on Truth Social.