A potential tariff refund fight is already chaotic
Large firms are filing suits to secure tariff refunds amid concerns that fast-tracked Treasury transfers and liquidation deadlines could block rebate eligibility.
Lose-lose: Even if the Supreme Court strikes down Trump's tariffs, consumers likely wouldn't see a dime from refunds
Courts ruled key Trump tariffs illegal, potentially forcing hundreds of billions in refunds to importers and reversing tariff revenue relied upon by the federal government.
Many IEEPA-imposed tariffs were ruled illegal, potentially obligating the U.S. government to refund over $200 billion, requiring new Treasury debt and pressuring bond markets.
