{"id":5010,"date":"2026-08-06T07:40:55","date_gmt":"2026-08-06T07:40:55","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=5010"},"modified":"2026-08-06T07:40:55","modified_gmt":"2026-08-06T07:40:55","slug":"trump-hit-with-100-billion-humiliation-after-scotus-ruling","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=5010","title":{"rendered":"Trump Hit With $100 Billion Humiliation After SCOTUS Ruling"},"content":{"rendered":"
\n

The Trump administration has officially refunded about $100 billion in illegally obtained tariff revenue\u2014and there\u2019s still much more to be paid back. <\/p>\n

Read more Trump, 80, Debuts Suspicious New Hair at Speech in Vegas<\/a><\/p>\n

The administration\u2019s action is the result of the Supreme Court\u2019s February ruling that the \u201creciprocal\u201d tariffs Trump announced on \u201cLiberation Day\u201d in April 2025 under the 1977 International Emergency Economic Powers Act were unconstitutional. <\/p>\n

\n

For many companies that had to import costlier foreign goods, Tuesday marked their liberation day from Trump\u2019s overstepping of his powers as president.<\/p>\n<\/div>\n

In the Tuesday filing, Customs and Border Protection official Brandon Lord said that, as of July 31, the entity created to track and deliver tariff refunds had received 252,496 refund declarations encompassing 25.1 million import entries. Approximately $100 billion in refunds is all set for disbursement by the Treasury Department, Lord wrote.<\/p>\n

The Trump administration said it generated about $166 billion from the tariffs, so there is still $66 billion to be disbursed.<\/p>\n

The court filing was part of a class action lawsuit led by California-based company Freestyle World on behalf of small, tariff-paying businesses that say there are obstacles to getting refunds through the CBP entity.<\/p>\n

In any event, the billions in illegally generated tariff funds that are now heading back to businesses is a big loss for Trump, despite what he has been saying.<\/p>\n

Read more Carville Makes Shock Prediction on Trump\u2019s Future<\/a><\/p>\n

\u201cTariffs have been incredible. We\u2019ve taken in hundreds of billions of dollars,\u201d he told Fox News on Tuesday. \u201cSupreme Court gave us a little shot, but we\u2019re allowed to do it in a different manner.\u201d<\/p>\n

Trump went on to claim that, despite the court\u2019s ruling, it still \u201cbrought all these companies that didn\u2019t want to pay.\u201d<\/p>\n

After plenty of whining about the 6-3 decision, Trump sought other ways to implement tariffs, though those are being contested in court, too. On Monday, for instance, a lawsuit from 25 Democratic-led states accused Trump of illegally imposing tariffs under the 1974 Trade Act.<\/p>\n

\u201cAfter losing at the Supreme Court, the administration is once again trying to illegally raise taxes on families and businesses with a new round of tariffs,\u201d New York Attorney General Letitia James said in a statement.<\/p>\n

\n

White House spokesperson Kush Desai said in response that the U.S. \u201cis using its lawful authority to obtain the elimination of unreasonable acts, policies and practices that burden U.S. commerce.\u201d He added: \u201cA foreign country\u2019s failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor is unreasonable and burdens U.S. commerce, including American workers, and must be addressed.\u201d<\/p>\n

Read more Triggered Trump, 80, Rants at Oscar Winner for 2028 Warning<\/a><\/p>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

The Trump administration has officially refunded about $100 billion in illegally obtained tariff revenue\u2014and there\u2019s still much more to be paid back. Read more Trump, 80, Debuts Suspicious New Hair at Speech in Vegas The administration\u2019s action is the result of the Supreme Court\u2019s February ruling that the \u201creciprocal\u201d tariffs Trump announced on \u201cLiberation Day\u201d […]<\/p>\n","protected":false},"author":1,"featured_media":4855,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump Hit With $100 Billion Humiliation After SCOTUS Ruling - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=5010\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Hit With $100 Billion Humiliation After SCOTUS Ruling - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"The Trump administration has officially refunded about $100 billion in illegally obtained tariff revenue\u2014and there\u2019s still much more to be paid back. 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