US would face $165bn bill if court overturns president Donald Trump’s tariff policy

US president Donald Trump. Photo: AP

US president Donald Trump has warned of disaster if the Supreme Court overturns his signature tariffs. For starters, it would unleash a bureaucratic nightmare involving reams of refund paper cheques.

Should the court uphold a US Court of Appeals ruling that Mr Trump’s country-based tariffs are illegal, the government could owe the bulk of the $165bn (€141bn) in customs duties collected so far this fiscal year back to companies that paid them.

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