Overview

• In an OAN interview, President Trump said paying down debt is his priority but he is considering a one-time 'dividend' to Americans funded by tariff revenue in the range of $1,000 to $2,000.
• Trump claimed tariff receipts could top $1 trillion annually, while Axios projects a little over $400 billion per year and roughly $4 trillion in deficit reduction over a decade.
• News outlets note that any direct payments would require Congress to authorize the checks.
• Some of the new tariffs are under Supreme Court review, and the administration has warned revenue could be refunded if it loses the case.
• The New York Post editorial board urged the White House to use tariff proceeds to shrink the deficit rather than distribute checks.