Today's tariff ruling is much bigger than most people realize: If Supreme Court strikes down Trump's tariffs, the US Treasury will face a MASSIVE refund liability. This potential liability is expected to be up to $1 TRILLION to importers. Why? Because, if the Supreme Court rules the tariffs are illegal, tariff payments are considered "wrongly collected taxes." These tariffs have been applied to 150+ countries and nearly every product. Today's ruling will reshape the global economy regardless of the direction it goes. Trump says it's "life or death" for the US.
Replying to @KobeissiLetter
FAFO. The treasury will just have to issue debt to raise the funds and the rates in the bond market will climb until the fed steps in to monetize under a new acronym. Oh and if we raised a trillion dollars via tariffs why did our debt go up by a trillion dollars at the same time?

Nov 5, 2025 · 8:11 PM UTC

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