President Donald Trump said Monday that he plans to use tariff revenue to issue $2,000 payments to low- and middle-income Americans, with any remaining funds directed toward paying down the nation’s massive debt.

Over the weekend, Trump called those who oppose tariffs "fools" and defended his proposal, saying revenue from the duties would deliver direct payments to Americans .

"All money left over from the $2000 payments made to low and middle income USA Citizens, from the massive Tariff Income pouring into our Country from foreign countries, which will be substantial, will be used to SUBSTANTIALLY PAY DOWN NATIONAL DEBT," Trump wrote in a Truth Social post.

With the nation’s debt hovering just north of $38 trillion , it’s unclear how tariff revenue could really chip away at it.

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