Greer says $2,000 fare revenue payments to families won’t fuel inflation
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U.S. Trade Representative Jamieson Greer said Sunday that possible one-time $2,000 payments from tariff revenues would not fuel inflation and could provide welcome relief to families.
“This is real money coming in, and we can decide what to do with it,” Greer told “Fox & Friends Weekend.”
“The $2,000 is an option,” Greer said, adding that the president Donald Trump is “looking forward to discussing and exploring more” proposals.
Trump Calls Tariff Opponents ‘Idiots’, Promises $2,000 Dividend Payment to Americans
Total tariff revenue reached $215.2 billion in FY2025. (Justin Sullivan/Getty Images)
Greer dismissed concerns that the move would fuel rising prices, emphasizing that “this is not some sort of new welfare program happening or something that would exacerbate inflation.” He added that he expects American families to welcome the checks. “But I don’t think it would change the overall macroeconomic picture,” Greer said.
Trump promised earlier this month that revenue raised from taxes could fund a $2,000 dividend for low- and middle-income Americans.
TRUMP SAYS TARIFF-FUNDED DIVIDEND PAYMENT FOR AMERICANS WILL BEGIN NEXT YEAR
President Donald Trump has previously said the tariffs are an important part of his national security agenda. (Francis Chung/Politics/Bloomberg/Getty Images)
The president first floated the idea on Nov. 9 and has since suggested that remaining funds could be used to help curb the country’s surge. A debt of 38,000 billion dollars. Last week, Trump said Americans could receive payment checks as early as next year.
“We’ve collected hundreds of billions of dollars in tariffs. We’re probably going to be paying out dividends by the middle of next year, maybe a little bit later,” Trump told reporters at the White House.
TRUMP SAYS TARIFF REVENUE TO FUND $2,000 CHECKS FOR AMERICANS AND LOWER NATION’S $38 TRILLION DEBT
Since Trump announced his “Liberation Day” prices in April, customs revenue increased sharply, from $23.9 billion in May to $28 billion in June and $29 billion in July.
Total tariff revenue reached $215.2 billion in fiscal 2025, which ended Sept. 30, according to the Treasury Department“Customs and certain excise taxes” of .
So far in fiscal year 2026, which began Oct. 1, the United States has collected $40.4 billion, according to the latest figures released by the Treasury Department.
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The proposal comes at a pivotal time, as tariff revenues rise and the Supreme Court reviews the legality of Trump’s trade measures, a case that could determine his country’s broader future. commercial program.
