The Supreme Court has not indicated when it might rule on a request by the Trump administration to rule quickly on whether many new tariffs are legal.
Source: Potential Trump tariff refund bill could top $1 trillion as Supreme Court fight looms
fta:
But if the Supreme Court says that refunds are required, “we’d have to do it,” Bessent told NBC News’ “Meet the Press” on Sunday. And that would be “terrible,” he added.
“The stakes in this case could not be higher,” Solicitor General D. John Sauer wrote in the administration’s petition to the high court. “To the President and his most senior advisors, these tariffs thus present a stark choice: With tariffs, we are a rich nation; without tariffs, we are a poor nation,” Sauer wrote.
yikes!
