*Walter Bloomberg
*Walter Bloomberg|Feb 26, 2026 15:42
TRUMP WEIGHS KEEPING BILLIONS IN ILLEGAL TARIFFS Donald Trump’s administration is exploring ways to retain billions in tariff revenue the Supreme Court ruled were illegally collected. Ideas include redesigning duties under new legal authority or letting companies get refunds only if they forfeit part of the money. Officials face a legal and political minefield: courts are likely to scrutinize attempts to delay or reduce repayments, while Democrats and businesses demand refunds. The process could take years, with Customs and Justice shaping the pace of repayments. Tariffs have been central to Trump’s economic plan, funding tax cuts and potential direct payments. With over $133B at stake, the administration is balancing federal finances against the risk of backlash from companies and courts.(*Walter Bloomberg)
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