Trump’s $2K Tariff Gift: Debt Slashing or Legal Dumpster Fire?

In an audacious rerun worthy of reality TV’s greatest hits, President Trump announced on Sunday that he’s still pitching his $2,000 tariff dividend, proudly promising a check to most Americans from the billions squeezed out of import taxes — a plan that’s been teased all year but never actually delivered. The Supreme Court is currently side-eyeing this tariff bonanza, worried it might be an illegal tax masquerading as trade policy — and possibly forcing the U.S. to refund over $100 billion to importers. Meanwhile, Treasury Secretary Scott Bessent insists this isn’t cash grab revenue, just noble trade rebalancing. Trump also claims trillions in revenue and a $37 trillion national debt paid down, which sounds like the financial equivalent of a unicorn in a Trump Tower bathroom.

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Source: Axios | Published: 11/9/2025 | Author: Ben Berkowitz