LOADING ERROR LOADINGMost of the taxes President Donald Trump imposed on imported goods last year are illegal, the Supreme Court ruled on Friday, but it seems unlikely American consumers will get their money back. The tariffs Trump imposed under the International Emergency Economic Powers Act raised more than $160 billion in revenue for the federal government. It’s not clear what will happen to that money — the Supreme Court ruling doesn’t say. Since last year, Trump has repeatedly suggested he would send American households tariff rebate checks, essentially acknowledging the tariffs were a burden on consumers. AdvertisementOn Friday, the president suggested refunds wouldn’t be coming out anytime soon.

Source: Huffington Post February 20, 2026 23:03 UTC