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
"the US Treasury will face a MASSIVE refund liability." Bond yields will go even more, they will skyrocket !

Nov 5, 2025 · 7:08 PM UTC

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