{"id":481,"date":"2026-09-10T15:55:27","date_gmt":"2026-09-10T15:55:27","guid":{"rendered":"https:\/\/www.kcfj570am.com\/?p=481"},"modified":"2026-09-10T15:55:27","modified_gmt":"2026-09-10T15:55:27","slug":"trump-promised-2000-tariff-dividends-but-they-still-havent-materialized-10-months-later","status":"publish","type":"post","link":"https:\/\/www.kcfj570am.com\/?p=481","title":{"rendered":"Trump promised $2,000 tariff &#8216;dividends,&#8217; but they still haven&#8217;t materialized 10 months later"},"content":{"rendered":"<div>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/syndication.abcaudio.com\/files\/2026-09-10\/Getty_PresidentTrump_091026.jpg\" alt><figcaption>U.S. President Donald Trump speaks on stage on the first day of the 2026 Republican National Convention on Sept. 9, 2026, in Dallas, Texas.(Alex Wong\/Getty Images)<\/figcaption><\/figure>\n<p>(WASHINGTON) &#8212; President Donald Trump said on Wednesday that he would give American adults a $5,000 &#8220;dividend&#8221; if Republicans kept the House and Senate in the midterm elections this fall, marking at least the second time he&#8217;s promised to use tariff revenue to send payments to Americans.<\/p>\n<p class=\"p1\">&#8220;Because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000,&#8221; Trump said, likening it to what &#8220;a successful company will do a cash distribution to its shareholders.&#8221;<\/p>\n<p class=\"p1\">ABC News has reached out to the White House for further details.<\/p>\n<p class=\"p1\">The president&#8217;s claim, which came during his speech\u00a0<span class=\"s1\">on the first night<\/span>\u00a0of the GOP\u2019s midterm convention, followed a promise he made last year to use tariff revenue to give Americans a $2,000 &#8220;dividend.&#8221;<\/p>\n<p class=\"p1\">Ten months later, those previously promised returns have yet to materialize.\u00a0<\/p>\n<p class=\"p1\">&#8220;People that are against Tariffs are FOOLS!&#8221;\u00a0Trump posted on Nov. 9, 2025, on his social media network, before adding, &#8220;A dividend of at least $2000 a person (not including high income people!) will be paid to everyone.&#8221;<\/p>\n<p class=\"p1\">The next day, Trump doubled down.\u00a0<\/p>\n<p class=\"p1\">&#8220;And one of the things we&#8217;re going to do, we&#8217;re going to issue a dividend to our middle-income people and lower income people of about $2,000,&#8221; the president said at the time. &#8220;And we&#8217;re going to use the remaining tariffs to lower our debt.&#8221;<\/p>\n<p class=\"p1\">White House officials were exploring ways to execute the plan\u00a0<span class=\"s1\">put forward<\/span>\u00a0by Trump, then-press secretary Karoline Leavitt said at the time, but she did not provide details about specific options.<\/p>\n<p class=\"p1\">&#8220;The president made it clear he wants to make it happen,&#8221; Leavitt\u00a0<span class=\"s1\">told reporters<\/span>\u00a0at the White House. &#8220;So his team of economic advisers are looking into it.&#8221;<\/p>\n<p class=\"p1\">ABC News has reached out to the White House for comment on the $2,000 &#8220;dividend.&#8221;<\/p>\n<p class=\"p1\">A &#8220;dividend&#8221; typically describes a payout to individual shareholders, funded by a company&#8217;s profits. Trump as he announced the $2,000 &#8220;dividend&#8221; said they would be coming at a time of prosperity, touting in his post that U.S. stock markets were near all-time highs and there had been a &#8220;record&#8221; investment in the U.S. He said that &#8220;plants and factories going up all over the place.&#8221;<\/p>\n<p class=\"p1\">Treasury Secretary Scott Bessent told ABC News&#8217; George Stephanopoulos at the time that the $2,000 dividend &#8220;could be just the tax decreases that we are seeing on the\u00a0president&#8217;s agenda &#8212; you know, no tax on tips, no tax on overtime, no tax on Social Security, deductibility of auto loans.&#8221;<\/p>\n<p class=\"p1\">He\u00a0<a href=\"https:\/\/abcnews.com\/Business\/trumps-promise-2000-tariff-dividend-payments\/story?id=127373376\"><span class=\"s1\">said<\/span><\/a>\u00a0the &#8220;dividend&#8221; may come &#8220;in lots of forms.&#8221;<\/p>\n<p class=\"p1\">If Trump&#8217;s proposals came in the form of a one-time payout to Americans, they could be similar to the three stimulus checks mailed to Americans during the pandemic, two of which were authorized by Trump.<\/p>\n<p class=\"p1\">Those three payments totaled as much as $3,200 per tax filer, as well as $2,500 per child, according to the\u00a0<span class=\"s1\">Pandemic Response Accountability Committee<\/span>, a watchdog established by Congress.<\/p>\n<p class=\"p1\">Trump said in his speech on Wednesday that at least some of that $5,000 would be expected to come from tariff revenue, though the mechanism and legality of delivering on that promise are unclear.<\/p>\n<p class=\"p1\">Not only did the $2,000 &#8220;dividend&#8221; payments never come for Americans &#8212; but much of the revenue collected by the government from Trump&#8217;s tariffs had to be paid back to the companies.<\/p>\n<p class=\"p1\">The Trump administration\u00a0<span class=\"s1\">paid out<\/span>\u00a0a milestone $100 billion in tariff refunds through the end of July, according to an August court filing. That was more than half of the $166 billion owed to thousands of American businesses who paid the tariffs that were later struck down by the Supreme Court.<\/p>\n<p class=\"p1\">Trump added on Wednesday that the only condition attached to the proposed &#8220;dividend&#8221; would be that the distributed money must be spent in the U.S.<\/p>\n<p class=\"p1\"><em>ABC News&#8217; Max Zahn contributed to this report.<\/em><\/p>\n<p>Copyright \u00a9 2026, ABC Audio. All rights reserved.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. President Donald Trump speaks on stage on the first day of the 2026 Republican National Convention on Sept. 9, 2026, in Dallas, Texas.(Alex Wong\/Getty Images) (WASHINGTON) &#8212; President Donald Trump said on Wednesday that he would give American adults a $5,000 &#8220;dividend&#8221; if Republicans kept the House and Senate in the midterm elections this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=\/wp\/v2\/posts\/481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=481"}],"version-history":[{"count":0,"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=\/wp\/v2\/posts\/481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=\/wp\/v2\/media\/713"}],"wp:attachment":[{"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kcfj570am.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}