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Trump Warns Supreme Court Ruling Could Cost $3 Trillion

11/12/2025

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Summary

Story summary

U.S. President Donald Trump warned that a Supreme Court ruling against his tariffs could trigger an unwind over $3 trillion.
He called the ruling devastating because he said the court received the wrong numbers.
A Supreme Court decision is anticipated soon and could require refunds of billions in tariffs collected since 2024 under International Emergency Economic Powers Act.
Trump says tariffs revived U.S. manufacturing and critics say they raise prices for consumers.

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Story summary

U.S. President Donald Trump warned that a Supreme Court ruling against his tariffs could trigger an unwind over $3 trillion.
He called the ruling devastating because he said the court received the wrong numbers.
A Supreme Court decision is anticipated soon and could require refunds of billions in tariffs collected since 2024 under International Emergency Economic Powers Act.
Trump says tariffs revived U.S. manufacturing and critics say they raise prices for consumers.