Democrats have demanded refunds after the Supreme Court ruled against President Donald Trump's sweeping tariffs.

The Supreme Court ruling that President Trump's tariffs are illegal will lead companies to seek billions in refunds, but the decision was silent on the issue.

WASHINGTON — Treasury Secretary Scott Bessent deferred to the lower courts to determine how refunds for President Trump’s International Emergency Economic Powers Act (IEEPA) tariffs will work in the wake of the Supreme Court’s ruling.

The Supreme Court on Friday struck down President Donald Trump’s biggest and boldest tariffs. But the justices left a $133 billion question unanswered: What's going to happen to the money the government has already collected in import taxes now declared unlawful?

The debate over President Donald Trump's tariffs was never really about economics; it was about framing. Instead of asking whether tariffs generated leverage, revenue or strategic correction, many observers chose a different path: emotional labeling.

WASHINGTON — President Donald Trump has once again turned to tariffs to try to get his way with a U.S. trading partner. This time, the target is Mexico: Trump plans to impose 5% tariffs on Mexican imports starting June 10 and to ratchet them up to 25% by ...

Ron Wyden, Ed Markey and Jeanne Shaheen unveiling bill requiring CBP to issue refunds and pay interest