The Brief

Treasury Secretary Scott Bessent said Sunday that the Treasury Department will issue rebates if the Supreme Court upholds a ruling finding President Donald Trump’s "reciprocal" tariffs exceeded his authority.

What they're saying:

"We would have to refund roughly half the tariffs, which would be a major blow to the Treasury," Bessent said in an interview on NBC News’ Meet the Press.

He added, "If the court rules that way, we’ll have no choice but to comply."

Trump asks SCOTUS to weigh in on tariffs

The backstory:

The Trump administration took the fight over tariffs to the Supreme Court, asking the justices to rule quickly that the president has the power to impose sweeping import taxes under federal law.

The government called on the court to reverse an appeals court rulin

See Full Page