"Despite a Supreme Court ruling that much of Trump's tariff agenda is illegal, the Trump administration refuses to provide relief for families. As American families continue to struggle with high costs, the President keeps choosing to institute new tariffs that will push prices even higher."
"Trump last year invoked the 1977 International Emergency Economic Powers Act (IEEPA) to impose double-digit tariffs on almost every country on Earth. But the Supreme Court ruled Feb. 20 that the law did not give the president the authority to levy tariffs. The government now must provide refunds - expected to come to around $175 billion - to the importers who paid the IEEPA tariffs now declared illegal."
"President Trump will continue using tariffs to renegotiate broken trade deals, lower drug prices, and secure trillions in investments for the American people."
The Trump administration is implementing new tariffs to compensate for revenue lost after the Supreme Court struck down the president's tariffs imposed under the International Emergency Economic Powers Act (IEEPA) in February. The Court ruled the IEEPA did not authorize presidential tariff authority, requiring approximately $175 billion in refunds to importers. Congressional Democrats warn that replacement tariffs will increase household costs to an average of $2,512 in 2026, up 44% from $1,745 in 2025. Treasury Secretary Scott Bessent stated new levies will maintain tariff revenue levels. Trump has invoked Section 122 of the Trade Act of 1974 to impose 10% tariffs, potentially raising them to 15%, though these require congressional extension beyond 150 days.
Read at Fast Company
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