President Donald Trump promised on Monday that his administration will begin issuing $2,000 “tariff dividend” checks to Americans around the middle of 2026, the most specific timetable he has offered yet on a proposal that can’t seem to find a home within a campaign-esque promise, economic argument and political provocation.

“We’re going to be issuing dividends later on, somewhere prior to … probably the middle of next year, a little bit later than that,” Trump told reporters in the Oval Office, according to Axios. The payments, he said, would go to “individuals of moderate income, middle income.”

The commitment marks an escalation from Trump’s earlier, vaguer assertions that tariffs are generating enough money to fund direct payments to American households. But turning the idea into act

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