The US Treasury has said it has sufficient funds to issue refunds if the Supreme Court strikes down tariffs imposed during Donald Trump’s presidency. The statement comes as the top court examines legal challenges to tariffs introduced under emergency powers, which critics argue bypassed
U.S. Treasury Secretary Scott Bessent warned that the government may need to refund about half of the tariffs collected under President Trump’s administration if the Supreme Court rules them illegal. The potential refund, amounting to tens of billions of dollars, poses a significant challenge to Treasury finances. Legal Challenges Mount Over Tariff Authority Several lower















