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.
So if the US has to return tariffs, and tariffs are (allegedly) a tax on consumers, do the consumers get the money back? Or will it go bald to big business?
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Importers pay it

Nov 5, 2025 · 7:48 PM UTC