Senate Democrats Introduce Bill to Refund $175 Billion in Trump-Era Tariffs
The bill mandates refunds of $175 billion in tariff revenues with interest within 180 days, prioritizing small businesses and urging pass-through of refunds to consumers.
- Senate Democrats Ron Wyden, Ed Markey, and Jeanne Shaheen proposed a bill to refund about $175 billion in tariffs ruled illegally collected during Donald Trump's presidency.
- The bill mandates U.S. Customs and Border Protection to issue refunds with interest within 180 days.
- Wyden stated that the illegal tariffs harmed American families, small businesses, and manufacturers financially.
- Treasury Secretary Scott Bessent said it is incorrect to discuss refunds now since the Supreme Court ruling did not address that issue.
65 Articles
65 Articles
Democrats seek tariff refunds for businesses
WASHINGTON — A trio of Senate Democrats called for the government to start refunding about $175 billion in tariff revenues that the Supreme Court ruled were collected because of an illegal set of orders by President Donald Trump.
New Democrats' Bill seeks to refund Trump's illegal IEEPA-based tariffs, plus interest
The legislation introduced by a group of 22 US Senate Democrats would require the Customs and Border Protection agency, which collects tariffs at US ports of entry, to prioritise small businesses.
"We deserve the money back": Lansing importer seeks tariff refunds amid uncertainty over global trade policy
A Lansing business owner says rapidly shifting tariff rates are crippling small companies nationwide and he wants the federal government to refund those companies. The Supreme Court struck down global reciprocal tariffs last Friday but President Donald Trump signed an executive order over the weekend enacting 15% global tariffs for the next 150 days. Senate Democrats proposed legislation on Monday to refund tariffs paid by importers, but a Michi…
Democrats demand Trump refunds USD 175 billion collected in tariffs after US Supreme Court quashing
A group of Senate Democrats is urging the federal government to refund about USD 175 billion in tariff revenues after the Supreme Court ruled that the money was collected under an unlawful set of orders issued by President Donald Trump. Senators Ron Wyden of Oregon, Ed Markey of Massachusetts and Jeanne Shaheen of New Hampshire are introducing legislation that would require US Customs and Border Protection to issue refunds within 180 days and pa…
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