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Bessent says US would issue refunds if Supreme Court strikes down Trump's tariffs
Treasury Secretary Scott Bessent says the U.S. would have to provide refunds if the Supreme Court rules against President Donald Trump on tariffs.
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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."
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cnbc.com
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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huffpost.com
Scott Bessent Has A Warning For The Supreme Court
That "would be terrible for the Treasury," the Trump Cabinet pick said.
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usatoday.com
Bessent says US would issue refunds if Supreme Court strikes down Trump's tariffs
Treasury Secretary Scott Bessent says the U.S. would have to provide refunds if the Supreme Court rules against President Donald Trump on tariffs.
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Potential Trump tariff refund bill could top $1 trillion as Supreme Court fight looms
The Supreme Court has not indicated when it might rule on a request by the Trump administration to rule quickly on whether many new tariffs are legal.
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scmp.com
US Supreme Court puts tariff case on fast track; no halt on levies yet
Trump administration claims a reversal could prompt retaliation, refund demands from nations facing hefty tariffs since early this year.