President Donald Trump said he is considering distributing a “dividend” to American citizens funded by the duties the United States is collecting on imports. He told reporters the levies are generating “so much money” that a direct cash payment is under discussion, although he offered no timetable or details on how the funds would be disbursed. Commerce Secretary Howard Lutnick reinforced the administration’s upbeat revenue projections, telling Fox Business that tariff receipts could climb to about $50 billion a month once the latest increases covering dozens of trading partners are fully in force—up from roughly $30 billion the previous month. The measures include a 100% tariff on semiconductor imports, alongside higher duties on products such as Japanese automobiles and Vietnamese apparel. Lutnick said it remains “possible” to reach a new accord with Beijing before an Aug. 12 deadline for extending the current tariff truce, but he did not rule out additional increases if talks stall. Trump, in separate social-media posts, said “billions of dollars” were already flowing into the Treasury after the latest levies took effect. Economists warn the higher tariffs could push up consumer prices, erode corporate profit margins and undermine U.S. competitiveness, particularly in sectors where domestic production is limited. Historically, tariff revenue has been routed to the Treasury or used to compensate affected industries; the administration has yet to explain how a nationwide dividend would be financed or administered.
📽️ VIDEO | EU espera ingresar 50,000 millones de dólares mensuales por aranceles: Lutnick 🇺🇸 https://t.co/pbsfc5JKNg
EEUU espera recaudar u$s50.000 millones al mes por los nuevos aranceles https://t.co/6u46GgBlMZ
💰 EU espera recaudar hasta 50,000 mdd mensuales por los nuevos aranceles impulsados por Trump. https://t.co/RK0kFMopYe