Donald Trump has indicated he is considering sending Americans up to $2,000 in rebates funded by revenues from his tariff program.
Trump made the comments in an interview with One America News Network, emphasizing that the plan is still under review.
The proposal comes as the Supreme Court prepares to hear a case next month that will determine whether the president has the legal authority to impose wide-ranging tariffs on foreign countries.
Trump initially implemented these tariffs in April, generating hundreds of billions of dollars in federal revenue.
“They’re just starting to kick in,” Trump said of the tariffs, “but ultimately, your tariffs are going to be over a trillion dollars a year.”
He described the revenue as a significant source of funds that could support initiatives like debt reduction and potential rebates.
Trump argued that the revenue from tariffs also serves as a tool to address the national debt.
“Number one, we’re paying down debt,” he said, “because people have allowed the debt to go crazy.” He added that while the national debt totals $37 trillion, it is “very little, relatively speaking” in light of the unprecedented tariff revenue the government is receiving.
Federal data cited by Fox Business shows that the U.S. government has collected approximately $214.9 billion from tariffs so far this year. In September alone, tariff revenues reached $31.3 billion, slightly below the record total set in August by $73 million.
Treasury Secretary Scott Bessent has forecast that the United States will generate at least $300 billion in tariff revenue by the end of the year, providing the administration with additional resources to potentially fund programs such as rebates or other fiscal measures.
Whether Americans ultimately receive the proposed $2,000 rebates will depend on the outcome of legal challenges, ongoing economic assessments, and political decisions in the coming months.
