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Washington, Jan 13 (AP) President Donald Trump has warned that it would “be a complete mess, and almost impossible for our Country to pay” back the money the US has collected from his sweeping tariffs if the Supreme Court rules he doesn't have the unilateral ability to impose many of them.
In a social media post on Monday, he said that if the court strikes down his tariffs: 'WE'RE SCREWED!' Trump has increasingly posted warnings on social media about the court's looming decision, including similar posts many days last week about how complicated it would be for the government to issue refunds.
“It may not be possible,” Trump said in his post about repaying the tariffs.
But, “if it were, it would be Dollars that would be so large that it would take many years to figure out what number we are talking about and even, who, when, and where, to pay.” (AP) GRS GRS
Presidential tariffs may require large, multiyear refunds and complex administration if court limits unilateral tariff authority. A potential ruling that invalidates the President's unilateral authority to impose sweeping tariffs would raise repayment obligations for duties already collected. Repayment would involve calculating large aggregate sums, identifying eligible payors, and administering multiyear refunds, creating significant government financial exposure and complex refund administration challenges.Press 'Enter' after typing page number.