22 Senate Democrats Push Bill to Force Refunds of Trump Tariffs Deemed Illegal by SCOTUS

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Moneycontrol•24-02-2026, 06:11
22 Senate Democrats Push Bill to Force Refunds of Trump Tariffs Deemed Illegal by SCOTUS
- •A group of 22 U.S. Senate Democrats introduced legislation to mandate refunds for Trump tariffs struck down by the Supreme Court.
- •The bill requires the Trump administration to refund all revenue collected from these tariffs, with interest, within 180 days.
- •Customs and Border Protection (CBP) would be tasked with prioritizing small businesses for these refunds.
- •The Supreme Court did not issue refund instructions, remanding the case to a lower trade court.
- •The legislation aims to refund over $175 billion in IEEPA tariff collections, which generated over $500 million daily.
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