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Trump Promises $2,000 Dividend for Every American from Tariff Revenue

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Trump Promises $2,000 Dividend for Every American from Tariff Revenue

US President Donald Trump has announced that every American citizen will receive a $2,000 dividend, funded by revenue generated from reciprocal tariffs imposed on foreign countries.

According to Axios, Trump made the announcement on Sunday (9 November) via his social media platform Truth Social. In his post, the president wrote, “We are earning trillions of dollars and will soon begin repaying our $37 trillion debt. There is record investment in the US, with new factories being built everywhere. A dividend of at least $2,000 will be given to every citizen—excluding high-income earners.”

The announcement comes as the US Supreme Court raises questions about the constitutional validity of Trump’s tariff policy.

Trump has previously hinted at distributing a “tariff dividend,” but this is the first time he has specified an exact figure of $2,000. It remains unclear when the Supreme Court will deliver its ruling on the matter.

US Treasury Secretary Scott Besant told ABC News that the dividend could take various forms, including possible tax exemptions—such as waiving taxes on tips and overtime income.

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International

Twin Earthquakes Hit Indonesia and Myanmar as Bangladesh Recovers from Deadly Tremor

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Twin Earthquakes Hit Indonesia and Myanmar as Bangladesh Recovers from Deadly Tremor

A 5.2-magnitude earthquake struck Indonesia’s North Maluku province, though authorities reported no casualties or damage. The Meteorology, Climatology and Geophysics Agency confirmed that the quake originated 10 kilometres beneath the surface.

The tremor hit the Halmahera region on Sunday and comes as Indonesia continues to experience frequent seismic activity due to its location along the Pacific “Ring of Fire,” where several tectonic plates converge.

Meanwhile, a separate 5.3-magnitude earthquake shook Myanmar’s coastal region the same morning. According to the US Geological Survey (USGS), the quake struck at 10:39am Bangladesh time, with its epicentre located in the Andaman Sea, about 267 kilometres west-southwest of Dawei. The tremor was also felt in parts of neighbouring Thailand, though no damage has been reported.

Just two days earlier, on 21 November, a 5.7-magnitude earthquake jolted several parts of Bangladesh, including Dhaka. The quake, which originated in Narsingdi’s Madhabdi area, left 10 people dead and many others injured.

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International

24 Killed in Israeli Strikes Despite Gaza Ceasefire

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24 Killed in Israeli Strikes Despite Gaza Ceasefire

Despite a six-week-long ceasefire in the Gaza Strip, at least 24 Palestinians have been killed in renewed Israeli air and drone strikes. The attacks, which began early Saturday, also left 87 others injured, according to local health authorities. Children are reported to be among the dead.

Witnesses said the first strike targeted a car in northern Gaza City, followed by successive attacks in Deir al-Balah and the Nuseirat refugee camp. In Gaza City’s Rimal area, a drone strike killed 11 people and injured 20 others. Rami Muhanna, director of Al-Shifa Hospital, confirmed that many of the wounded remain in critical condition.

In Deir al-Balah, a strike on a residential house left three people dead, including a woman. The blast was so powerful that nearby residents fled in panic. “This cannot be called a ceasefire,” said eyewitness Khalil Abu Hatab. “There is no safe place left.”

Hamas has accused Israel of repeatedly violating ceasefire terms and has urged the United States to intervene immediately. The group claims the strikes are targeting civilians and called for stronger international action to halt the attacks.

International observers warn that the renewed violence could escalate tensions further amid Gaza’s deepening humanitarian crisis.

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Trump Designates Saudi Arabia a Major Non-NATO Ally at White House Dinner

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Trump Designates Saudi Arabia a Major Non-NATO Ally at White House Dinner

The United States has designated Saudi Arabia as one of its most important non-NATO military allies, President Donald Trump announced on Tuesday during a White House dinner held in honour of Saudi Crown Prince Mohammed bin Salman, according to Al Jazeera.

Trump said the official designation as a Major Non-NATO Ally would elevate military cooperation between the two countries. The United States has granted this status to only 19 nations so far. He added that the decision had been kept confidential until the event at Saudi Arabia’s request.

The President also noted that the Crown Prince would play a role in a council being formed to establish peace in Gaza, adding that he himself would serve as its chairman, as previously stated.

Earlier, Crown Prince Mohammed bin Salman arrived in the United States for the meeting. Discussions covered military cooperation, nuclear technology, artificial intelligence, and increased Saudi investments in the US. The Crown Prince announced plans to raise Saudi investments from 600 billion USD to 1 trillion USD.

Talks also included potential sales of advanced F-35 fighter jets to Saudi Arabia.

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