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Trump Tariffs: $175 Billion 'Bill' After Supreme Court Ruling

Published February 21, 2026, 09:20
Trump Tariffs: $175 Billion 'Bill' After Supreme Court Ruling

Following the Supreme Court's decision deeming tariffs imposed by Donald Trump unlawful, the U.S. federal government may be forced to return over $175 billion to importers. The ruling concerns tariffs collected without Congressional approval. Estimates from independent bodies, such as the Penn-Wharton Budget Model, calculate that the total amount of refunds could exceed $175 billion. Importers have already filed lawsuits to recover the funds. The refund process is expected to be complex, as the Supreme Court did not clarify whether the government can retain the funds already collected. Justice Brett Kavanaugh warned of potential economic consequences, including the return of billions of dollars.