This article was updated on Tuesday, Jan. 13, 2026.

It Remains Unclear How Or When Dividends Will Be Issued

Back on Nov. 9, 2025, President Donald Trump announced in a Truth Social post that there will be tariff dividends for every American.

However, there have been little to no details shared on the realization of this payment to the American people.

Claiming in his initial post that “people that are against Tariffs are FOOLS,” Trump went on to say that trillions of dollars being brought in from his administration’s contentious tariff policy would begin paying down the $37 trillion national deficit.

He also said, “A dividend of at least $2,000 a person (not including high income people!) will be paid to everyone.”

Now, in a wide-ranging Jan. 11 article published in The New York Times, Trump has given an update on the status of tariff dividends … or has he?

Trump Asks “When Did I Do That?” About Tariff Dividend Proposal

Titled “Two Hours, Scores of Questions, 23,000 Words: Our Interview With President Trump,” this Jan. 11 article in The New York Times saw Trump discuss a variety of subjects, ranging from the developing situation in Venezuela to the ongoing war in Ukraine.

Katie Rogers, a reporter with the Times, asked, “You’ve promised $2,000 checks to Americans based off of your tariff revenues. When can they expect those?”

Responding, Trump asked, “I did do that? When did I do that?”

The reporter then began to mention Trump’s statements on the matter.

Trump replied, “Yeah, I’m thinking. Well, I did $1,776 for the military.”

During Trump’s Dec. 17, 2025, primetime address to the nation, Trump announced the Warrior Dividend, saying, “In honor of our nation’s founding in 1776, we are sending every soldier $1,776. Think of that. The checks are already on the way.”

The funds for the payments to active military personnel were derived from tariff revenue, just as had been proposed for the previously mentioned tariff dividends.

Pressed further by The New York Times on the subject of the $2,000 tariff dividends, Trump then said in the Jan. 11 interview:

“Well, I am going to — the tariff money is so substantial. That’s coming in, that I’ll be able to do $2,000 sometime. I would say toward the end of the year.”

Asked if Trump would need Congressional approval to disseminate the tariff dividend checks, Trump stated, “No, I don’t believe we do. We have it coming in from other sources.”

Those sources remain unclear, but Trump went on to say that tariffs are also expected to fund national defense efforts, in addition to paying down the national deficit.

Wrapping up the subject, Trump said, “We also have tremendous growth in the country. We have tariff revenue, which is tremendous. It’s given us tremendous national security.”

Trump’s Past Comments On Enacting Tariff Dividends

The notion of the American public receiving dividends from policies enacted by President Donald Trump in his second term is not a foreign one, but it remains unclear how and when it could happen.

At the beginning of his second term, as the new Department Of Government Efficiency, better known as DOGE, was the talk of the town, there were murmurs of a possible dividend being delivered to the American people.

Since Elon Musk’s status as a special government employee expired on May 30, 2025, talk of DOGE’s work has largely faded, even as the department continues to cut what it determines to be wasteful spending from the national budget.

All in all, DOGE reports it has saved an estimated $214 billion as of Nov. 10, 2025, with each American taxpayer saving an estimated $1,329.19.

Now, talk of a dividend has been renewed, this time with Trump saying it could be the result of funds brought in by his international tariff policy.

In a post on Truth Social on Sunday, Nov. 9, 2025, Trump shared that a dividend of at least $2,000 per person “will be paid to everyone,” with high-income earners excluded.

See Trump’s full post, here:

On Nov. 10, 2025, Trump shared an additional post on Truth Social about the dividends, saying:

“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.”

During Trump’s Cabinet meeting on Dec. 2, 2025, Trump again mentioned the possibility of tariff dividends being distributed to the American public.

“Next year is projected to be the largest tax refund season ever, and we’re going to be giving back refunds out of the tariffs, because we’re taking in, literally, trillions of dollars,” Trump said during the meeting. “We’re going to be making a dividend to the people, and, additionally, we’re going to be able to reduce debt.”

Watch Trump’s remarks from Dec. 2, 2025, here: