US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down

Treasury Secretary Scott Bessent stated the department has ample funds for tariff refunds if the Supreme Court rules against President Trump's emergency tariffs, though payments could take over a year. He expressed doubt about such a ruling, calling potential refunds a "corporate boondoggle" if companies passed costs to consumers.

US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down
Treasury Secretary Scott Bessent stated the department has ample funds for tariff refunds if the Supreme Court rules against President Trump's emergency tariffs, though payments could take over a year. He expressed doubt about such a ruling, calling potential refunds a "corporate boondoggle" if companies passed costs to consumers.