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GOBankingRates
GOBankingRates
Tobi Opeyemi Amure

Here’s How Trump’s $2K Dividend Could Impact the Cost of Cars

jetcityimage / Getty Images

Trump has floated the idea of sending qualifying Americans a $2,000 payment funded by revenue from his sweeping tariffs on foreign goods, including cars.

According to ABC News, it has also been suggested that the “dividend” might arrive partly in the form of tax breaks, such as allowing auto loan interest to become deductible for many borrowers. However, CBS News reported that the administration has not detailed who would qualify, when exactly payments would go out or how they would be financed.

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