The year 2025 has concluded, and it was rife with crucial issues that grabbed attention worldwide. From global tensions to the trade war ignited by US President Donald Trump's tariffs, the situation was notable. The 'Trump Tariff' was among the year's most discussed topics. Although the American tariff policy faced criticism, Trump defended it, claiming it would bring trillions into the country. Not only did he assert this, but he also pledged to distribute $2000 to nearly every American from the tariff revenue. But, do you know how much America has profited from the Trump Tariff? Will Trump fulfill his $2000 promise this new year? Let's delve into the details...
Trump's Tariff Announcement Sends Shockwaves Across the Globe
On April 2, 2025, Donald Trump announced reciprocal tariffs on several countries, including India, China, and Brazil. The goal was to impose equal taxation in response to the high tariffs on American products abroad, a move Trump dubbed 'Liberation Day.' Some countries saw tariff reductions, while others endured increases; for instance, India's tariffs doubled to 50%, matching Brazil. Meanwhile, the tense tariff game with China sparked global concerns, nearly leading to a trade war. However, peace followed Trump's meeting with China's Xi Jinping in recent times.
'Only Fools Oppose Tariffs'
Despite widespread criticism from numerous countries and analysts, Trump referred to opponents of US Tariffs as 'fools.' He argued that the tariffs not only made American farmers richer but also contributed trillions in national income, as he highlighted in a social media post.
Trump's Major Promise
In another social media post, Donald Trump mentioned that the revenue from the tariffs could help pay off the national debt, which stands at nearly $38 trillion. He also announced a major promise: a $2000 payment from the US Tariff Revenue to nearly all Americans, excluding high-income individuals, as a tariff dividend. However, he did not clarify the payment's timing or mechanism.
How Much Has the US Earned from Tariffs?
Discussing the revenue accrued during Trump's second term from tariffs imposed on various countries, no official figure has been released. However, information from the US Customs and Border Protection website indicates that by December 15, 2025, tariff revenue exceeded $200 billion. Other media reports suggest similar estimates.
The Tax Foundation, an independent tax policy think tank, estimated that by October 2025, the US raised $205 billion from tariffs. It also predicts $207.5 billion in tariff revenue for 2026.
Will the $2000 Pledge Be Fulfilled?
Despite the revenue surge, several obstacles impede Trump's $2000 promise. Ohio Senator Bernie Moreno and multiple Republican lawmakers have expressed doubts about the proposal and its legislative approval in Congress. They believe the President prefers using the revenue to address the nation's substantial debt.
White House economic advisor Kevin Hassett mentioned in a December 21 interview that the President plans to present a proposal to Congress in 2026 for implementation. Reports state that Congress controls federal expenditure, so a bill must be crafted and passed to allocate sufficient funds for the incentive.
