President Trump told reporters in a White House press conference on Sunday, November 9th, that his significant world trade tariffs and international investments have brought in "trillions of dollars" to the U.S. He says the money will be used to bring down the national debt which he says, "is a national security thing."

He also said he intends to issue $2,000 dividend checks to middle-income and low-income Americans.

Local Families Feel the Pain of Tariff-Induced Price Jumps

After the Liberation Day Tariffs were announced in April 2025, imported shipping supply delays and significant cost increases have affected the lives of Americans, including the nearly 13 million people who live in Oregon and Washington State

Our region has been enduring import-related pain points, from longer than usual shipping delays to rising costs for foods, mail, equipment, source materials, and retail goods.

Economic analysts have noted the Trump tariffs as a factor in the significant price jump for groceries--including staples like beef, coffee, chocolate, imported foods and produce--as well as imported clothes, shoes, cars, and auto parts needed for repairs.

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Read More: Report Warns Tariffs Could Hit Washington Families Hardest

Washington and Oregon's Economic Engines Suffer Tariff Hit, Dragging Canada into the Fray

Data also shows that the recent tariffs also had a negative impact on agriculture and tourism--two major industries that keep Washington State and Oregon economies booming and thriving.

OREGON: Oregon's two largest industries are health and semi-conductor/circuit manufacturing. Tariffs have driven up the cost for small businesses who purchase materials, computer microchips, and medical equipment.

A decreased demand for fruit, vegetables, and wheat grown by Oregon and Washington farmers and ranchers has occurred since the tariffs were announced. Some world trade partners have gone elsewhere to make their purchases.

WASHINGTON: Information and communications technology (ICT), aerospace, forest products, and tourism are the biggest industries in WA State. Tourism is the 4th largest industry in WA.

CANADA: Canadians have significantly reduced international travel across the border to the Washington since Trump's tariffs (and his expressed desire to make Canada the USA's 51st state) caused political friction. The effect has turned thriving small businesses and cities along the Washington border into practically ghost towns.

[The tourism industry brings in] $23.9 billion annually statewide and contributes $3.3 billion in local and state taxes." - WA State Department of Commerce

Trump Liberation Day Tariffs Announcement April 2025
Trump's "Liberation Day" World Tariffs Announcement on April 2, 2025. Photo Credit: Chip Somodevilla Getty Images
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The Bottom Line: Will a Check Cover the Cost?

In his press conference, Trump did not state, however, when he intends to issue out the $2,000 dividend checks to Americans or how soon he intends to get these checks sent out. We don't know yet what his next steps will be, and we don't know whether he will face any congressional or Supreme Court hurdles to get these checks out.

The short-term boost of a dividend check would likely be welcomed by Washington and Oregon families and small businesses, yet a burning question remains: Would a one-time $2,000 dividend check really help override the recent tariff effects felt in our communities?

There also exists the possibility these dividend checks could create higher inflation in our region and trigger higher interest rates from the Federal Reserve.

US Supreme Court Hears Trump Tariff Arguments
US Supreme Court Hears Tariff Arguments. Photo Credit: Andew Harnik Getty Images
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Biggest Red Flags About Living in Washington State

Gallery Credit: Reesha Cosby

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