Former President Donald Trump has tied his proposed tariff policy to a plan for $2,000 direct payments to most Americans, excluding high-income earners. He did not specify when or how the payments would be distributed, leaving key details about eligibility and funding unclear.
Trump described tariffs as a major revenue source that could strengthen domestic industries while generating funds for the payments. He portrayed the approach as both an economic stimulus and a strategy to reduce the national debt.
The proposal has drawn mixed reactions, with supporters viewing it as a way to boost U.S. production and household income, while critics question its economic feasibility and potential impact on prices and trade.