US President Donald Trump made a big announcement on his Truth Social account on Sunday. “People that are against Tariffs are FOOLS! ... A dividend of at least $2000 a person (not including high income people!) will be paid to everyone,” he wrote.

He repeated the claim at the Oval Office the next day, “We are going to issue a dividend to our middle-income people and lower-income people of about $2,000 and we are going to use the remaining tariffs to lower our debt, we are going to be lowering our debt, which is a national security thing,” Donald Trump said, as per USA Today .

Can the US president issue such dividends?

This isn’t the first time Donald Trump has talked about giving direct financial benefits to citizens.

As per USA Today , he had previously suggested transferring

See Full Page