US President Donald Trump indicated Thursday that the country may have to refund as much as $149 trillion in tariff revenue. Trump is reportedly frustrated after the Supreme Court ruled he lacked the authority to impose the tariffs, forcing the U.S. to refund roughly $149 billion to importers that paid the duties.
The Supreme Court ruled key tariffs unlawful in February 2026, and now the administration must start processing repayments to affected importers. “It really pisses me off,” he added, referring to the potential tariff refunds, per Yahoo Finance.
Earlier this month, Trump said he plans to raise tariffs on cars and trucks from the European Union to 25%, per a post from his Truth Social. However, the tariffs were hitting US companies harder than other countries, signaling that the US President may not have considered the implications of the tariffs on US businesses. Furthermore, Trump said back in January he plans to use any alternative tariff powers at his disposal after the Supreme Court rule against him.