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US Treasury Says It Can Handle Tariff Refunds

By BPN News Desk January 11, 2026
International
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
International

Treasury May Owe Refunds If US Tariffs Are Overturned

By BPN News Desk September 8, 2025
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

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