Trump Faces Pressure: Senate Bill Demands Refund of Illegal Tariffs

• A refund bill introduced in the US Senate could force the Trump administration to return money collected from tariffs.
• The US Supreme Court overturned Trump's broad tariffs, sending the case to a lower court for further action.
• Democratic senators propose returning full tariff amounts with interest within 180 days if deemed illegal.
• The bill prioritizes payments to small businesses and could impact approximately $175 billion in IEEPA-based tariff collections.
• Customs and Border Protection has been instructed to stop collecting IEEPA tariffs, but a final decision on refunds may take months.