{"id":42124,"date":"2025-09-09T05:47:50","date_gmt":"2025-09-09T09:47:50","guid":{"rendered":"https:\/\/ckms.ca\/?p=42124"},"modified":"2025-09-09T05:47:51","modified_gmt":"2025-09-09T09:47:51","slug":"potential-trump-tariff-refund-bill-could-top-1-trillion-as-supreme-court-fight-looms","status":"publish","type":"post","link":"https:\/\/blog.ckms.ca\/?p=42124","title":{"rendered":"Potential Trump tariff refund bill could top $1 trillion as Supreme Court fight looms"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"hoverZoomLink alignright\" src=\"https:\/\/blog.ckms.ca\/wp-content\/uploads\/2025\/09\/108193822-17569206221756920620-41478967091-1080pnbcnews.jpg\" alt=\"\" width=\"261\" height=\"147\" \/><span style=\"font-size: inherit;\">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.<\/span><\/p>\n<p>Source: <em><a href=\"https:\/\/www.cnbc.com\/2025\/09\/08\/trump-tariff-refund-trade-treasury-bessent-supreme-court.html\">Potential Trump tariff refund bill could top $1 trillion as Supreme Court fight looms<\/a><\/em><\/p>\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p>fta:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>But if the Supreme Court says that refunds are required, \u201cwe\u2019d have to do it,\u201d Bessent told\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.nbcnews.com\/politics\/trump-administration\/treasury-secretary-us-eu-collapse-russian-economy-tariffs-bessent-rcna229616\" target=\"_blank\">NBC News<\/a>\u2019 \u201cMeet the Press\u201d on Sunday. And that would be \u201c<strong><em>terrible<\/em><\/strong>,\u201d he added.<br><br>\u201cThe stakes in this case could not be higher,\u201d Solicitor General D. John Sauer wrote in the administration\u2019s petition to the high court. \u201cTo the President and his most senior advisors, these tariffs thus present a stark choice: <strong><em>With tariffs, we are a rich nation; without tariffs, we are a poor nation,<\/em><\/strong>\u201d Sauer wrote.<\/p><\/blockquote>\n\n\n\n<p>yikes!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court has not indicated when it might rule on a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282],"tags":[2008,1102,21],"class_list":["post-42124","post","type-post","status-publish","format-standard","hentry","category-article","tag-tariffs","tag-tfg","tag-uh-oh","wpcat-282-id"],"_links":{"self":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/42124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42124"}],"version-history":[{"count":2,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/42124\/revisions"}],"predecessor-version":[{"id":42127,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=\/wp\/v2\/posts\/42124\/revisions\/42127"}],"wp:attachment":[{"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.ckms.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}