US EditionCantwell Asks Bessent for ‘Detailed Explanation’ of Tariff Refund Process
- On Friday, the U.S. Supreme Court struck down President Donald Trump's global tariffs in a 6-3 decision, prompting reactions from Minnesota business leaders and officials.
- Chief Justice John Roberts wrote that Congress holds taxing power, so the president cannot set tariffs unilaterally, and no prior president used the International Emergency Economic Powers Act for import taxes.
- Small businesses reported that repair parts, warned by Popal to jump from $50 to 100 or 150 for that same part, forced emergency measures and stockpiling for months.
- Treasury Secretary Scott Bessent responded that the administration will pursue other authorities and leverage Section 232 and Section 301, with Treasury estimating virtually unchanged tariff revenue in 2026 using Section 122.
- State officials and local economists cautioned that uncertainty remains over refunds and future tariffs, with Thom Peterson and Tyler Schipper saying it may take weeks or months to understand impacts.
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Business owner who challenged tariffs responds to ruling
One of the plaintiffs in the Supreme Court case that overturned many of President Trump's tariffs is Rick Woldenberg. He's the owner of the Chicago-based small toy manufacturer, Learning Resources. Woldenberg joined Geoff Bennett to discuss the ruling and what comes next for his business.
Gov. Pritzker seeks $8.6 billion tariff refund after court ruling
Gov. JB Pritzker has sent a letter and invoice to President Donald Trump, demanding a refund of $8.6 billion in tariffs imposed on Mexican, Canadian and Chinese imports, after the Supreme Court ruled against the tariffs.
Gov. JB Pritzker sends bill for $8.68 billion refund to Trump after Supreme Court tariffs ruling – CBS2 (Chicago)
In a letter to Mr. Trump that Pritzker shared publicly, he wrote, "Your tariff taxes wreaked havoc on farmers, enraged our allies, and sent grocery prices through the roof. This morning, your hand-picked Supreme Court Justices notified you that they are also unconstitutional. On behalf of the people of Illinois, I demand a refund of $1,700 for every family in Illinois."
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