Donald Trump’s proposal is simple on the surface but explosive underneath: sharply raise tariffs on foreign imports, channel the revenue into federal coffers, and then send much of that money back to Americans as a direct dividend of at least $2,000 per person, excluding high-income earners. He frames tariffs as a weapon that makes the U.S. “rich” while punishing foreign producers, insisting opponents are “fools” who don’t understand national power or economic leverage.
Yet the unanswered questions are enormous. Economists warn that higher tariffs often act as a hidden tax on consumers, raising prices on everyday goods. The plan’s distribution mechanism is also a mystery: would payments arrive as checks, tax rebates, or healthcare credits? Without a clear framework, independent cost estimates, or legislative backing, the promise hovers between transformative populist revolution and an election-season mirage that may never materialize.