New Delhi, Nov. 11 -- US President Donald Trump's proposal to send $2,000 as a tariff dividend to Americans may cost $600 billion each year, according to USA Today, citing a nonprofit Committee for a Responsible Federal Budget.
The $600 billion cost is double the revenue that the United States is expected to generate through tariffs announced under the Trump administration.
Although the US President did not explain the details of the $2,000 tariff dividend, the analysis cited in the report assumed the latest proposal to be designed similarly to the COVID-19 stimulus provided to Americans. The 2020 stimulus included payments for individual taxpayers earning up to $75,000 or $1,50,000 for joint income filers.
The tariffs proposed under T...
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