US EditionSenate Democrats Introduce Bill to Refund $175 Billion in Trump-Era Tariffs
Senate Democrats propose legislation requiring Customs and Border Protection to refund $175 billion with interest within 180 days, prioritizing small businesses affected by illegal tariffs.
- Senators Wyden, Markey, and Shaheen propose a bill to refund about $175 billion collected from tariffs ruled illegal by the Supreme Court, including interest paid within 180 days.
- Wyden criticized Trump's tariff policies for harming American families, small businesses, and manufacturers, emphasizing the need for quick refunds to aid recovery.
- Shaheen stated that fixing higher prices caused by tariffs starts with refunding the illegally collected taxes.
- The Trump administration claims refunds require further court litigation, with the process potentially taking up to five years.
80 Articles
80 Articles
'Pay up or shut up': Dems tell Trump 'we need our money back'
Now that the US Supreme Court has ruled President Donald Trump levied illegal tariffs on US businesses and consumers for more than a year, progressive Democrats are escalating demands that Americans get their money back.Days after the Supreme Court shut down Trump’s ability to unilaterally enact tariffs through the International Emergency Economic Powers Act (IEEPA), Congressional Progressive Caucus Chair Greg Casar (D-Texas) said on Tuesday tha…
Nevadans to Trump: Where’s our money?
(Photo by Chip Somodevilla/Getty Images)Friday while declaring Trump’s import taxes unconstitutional, the U.S. Supreme Court told congressional Republicans the U.S. Constitution gives them a job to do, and they should start doing it for a change. Don’t hold your breath. Meanwhile, Aaron Ford (the Nevada attorney general running for governor) and Zach Conine (the state treasurer running for attorney general) were among Democrats citing estimates …
Senate Democrats Unveil Bill Seeking Tariff Refunds After Supreme Court Ruling
Senate Democrats introduced a bill on Feb. 23 seeking tariff refunds after the Supreme Court struck down many of President Donald Trump’s tariffs, with justices stating they violated an emergency powers law he invoked last year. The bill, sponsored by 22 Senate Democrats led by Sens. Ron Wyden (D-Ore.), Edward Markey (D-Mass.), and Jeanne Shaheen (D-N.H.), would require U.S. Customs and Border Protection (CBP) to issue refunds over the course of…
Democratic U.S. senators demand a repayment of some $175 billion in customs revenues, which, according to a ruling of the Supreme Court, were unlawfully collected.
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