The Economic Times

Supreme Court warns Trumps illegal tariffs could force $133 billion in refunds who pays for this mess, and will the U.S. economy feel the heat now?

Up to $133 billion in Trump tariff refunds is now in question after the U.S. Supreme Court ruled the tariffs illegal under IEEPA. The decision could trigger massive tariff refunds to importers. That puts federal revenue and taxpayers at risk. The ruling limits executive trade powers. The Treasury may face billions in repayments. The Trump trade war impact is not over. The U.S. economy now faces fresh legal and fiscal uncertainty.