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Supreme Court tariff ruling: U.S. may have to refund $175B

Posted

February 20, 2026

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The Supreme Court ruled that IEEPA does not authorize President Donald Trump to impose tariffs, but the Court did not outline a process for refunds.

LiveNOW’s Mike Pache spoke with economist Dr. Rebecca Homkes about the Supreme Court’s decision on tariffs and if the U.S. could have to pay back tariff revenue.

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Supreme Court tariff rulingThe Supreme CourtPresident Donald TrumpLiveNOWs Mike PacheDr Rebecca HomkesSupreme CourtsFOX WhereFOX Follow

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Supreme Court tariff ruling: U.S. may have to refund $175B · Livenow From Fox · Sentinel