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Treasury Secretary Bessent warns of massive refunds if the Supreme Court voids Trump tariffs
Bessent has warned that a delayed ruling "could result in a scenario in which $750 billion-$1 trillion in tariffs have already been collected."
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cnn.com
America will refund about ‘half of the tariffs’ if SCOTUS rules Trump overstepped, Bessent says | CNN Business
“If the court says it, we’d have to do it,” Treasury Secretary Scott Bessent said in an interview on Sunday.
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fortune.com
U.S. may have to refund half its tariff revenue as high-stakes court battle threatens to wreak havoc on the deficit and bond market
"This alone would raise further concerns about the fiscal outlook and likely push bond yields higher."
