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Trump's Tariff Plan Faces Supreme Court Showdown

9/8/2025

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Summary

Story summary

Treasury Secretary Scott Bessent is confident President Trump's tariff plan will succeed in the Supreme Court.
If deemed illegal, the Treasury may refund around $90 billion of collected tariffs.
This year, the Treasury has collected over $180 billion in tariffs, including $70 billion from specific duties.
Refunds could pose logistical challenges and spark legal disputes from businesses.
The administration seeks a swift Supreme Court ruling after lower courts invalidated the tariffs.

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Story summary

Treasury Secretary Scott Bessent is confident President Trump's tariff plan will succeed in the Supreme Court.
If deemed illegal, the Treasury may refund around $90 billion of collected tariffs.
This year, the Treasury has collected over $180 billion in tariffs, including $70 billion from specific duties.
Refunds could pose logistical challenges and spark legal disputes from businesses.
The administration seeks a swift Supreme Court ruling after lower courts invalidated the tariffs.