President Donald Trump said on Sunday that people who do not support tariffs are “fools” and vowed to use the revenue generated from duties to fund a $2,000 dividend for Americans, according to a report from Fox Business. “People that are against tariffs are FOOLS! We are now the richest, most respected country in the world, with almost no inflation and a record stock market price,” Trump wrote in a Truth Social post. He added, “A dividend of at least $2000 a person (not including high-income people!) will be paid to everyone.”

Read also: Supreme Court Reviews Legality of Trump’s Tariffs

Trump also said that due to his economic agenda, manufacturing plants and factories are seeing “record investment.” He further stated that the U.S. will soon begin “paying down our ENORMOUS DEBT,” which the Treasury Department reports is currently just above $38 trillion.

Tariff Revenue Reaches $215.2 Billion

Total tariff revenue for fiscal year 2025 climbed to $215.2 billion, according to the Treasury Department. Since Trump announced his “Liberation Day” tariffs in April, monthly tariff revenues have increased from $23.9 billion in May to $28 billion in June and $29 billion in July. The fiscal year 2025 ended on September 30. For the current fiscal year 2026, which began on October 1, the U.S. has so far collected $35.9 billion in tariff revenue.

Supreme Court Hears Tariff Case

The President’s remarks came as the Supreme Court began hearing oral arguments on November 5, 2025, regarding his tariff authority. The case questions whether Trump has the authority under the International Emergency Economic Powers Act to impose tariffs and whether those actions violate the Constitution’s separation of powers.

This legal scrutiny follows a federal appeals court ruling on August 29 that Trump overstepped his authority by using emergency powers to impose new tariffs on imported goods. The lower court ruled that the power to impose tariffs lies with Congress or within existing trade policy frameworks. The Supreme Court is now set to decide the fate of the President’s trade agenda.

Source: IndexBox Market Intelligence Platform