Trump Mulls $2,000 Tariff Payments: Potential Impact on Bitcoin & Stocks
President Donald Trump said this week that his administration is exploring a “distribution” of as much as $2,000 apiece to the American people on account of the funds generated by his tariff policies, according to a report from Yahoo Finance. “We also might make a distribution to the people, almost like a dividend to the people of America,” the president said in an interview with One America News. “Were thinking maybe $1,000-$2,000.”
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Stimulus checks were previously sent to American citizens as part of a $2.2 trillion stimulus package signed under the first Trump administration during the COVID-19 pandemic in 2020, leading to a surge in Bitcoin and stocks. The last time stimulus checks hit the bank accounts of American citizens, up to an estimated $40 billion was expected to be used to buy stocks and Bitcoin.
In 2021, with President Joe Biden then in office, another round of stimulus was approved, once more providing Americans with annual incomes below $150,000 with additional checks of up to $1,400. If an individual had invested the first $1,200 stimulus check into Bitcoin, which was trading at $6,878 at the close of April 11, 2020, that investment would be worth about $21,270 today, representing a gain of 1,672%.
Injecting the other two stimulus checks into Bitcoin as soon as possible would have provided an additional investment worth about $5,170 based on the current price. In total, around $3,200 in stimulus checks could have netted more than $26,000 in Bitcoin if invested during those windows.
Though a strong gain, that number is less than the gains accumulated had the funds been immediately put into Dogecoin. At the meme coin’s 2021 peak, which took place just after the final stimulus, the three stimulus checks would have been worth about $438,000. If held until today, the investment would still be worth nearly $150,000—a gain of more than 4,576%.
Formal details about the Trump administration’s teased tariff checks remain outstanding, but $2,000 would allow investors to acquire about 0.0165 BTC at the present time.
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