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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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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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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.