, Columnist
And Now for the Battle Over Tariff Refunds
Is there a chart for refunds?
Photographer: Kent Nishimura/Bloomberg
The Supreme Court’s decision invalidating President Donald Trump’s “emergency” tariffs was a landmark victory for the rule of law. But it leaves a huge economic question unresolved: What happens to the roughly $175 billion that the federal government illegally collected from US companies?
The answer could be simple, fast and equitable — and keep a promise the Trump administration has already made. Unfortunately, it appears to have had a change of heart, to the detriment of thousands of small businesses that deserve restitution.