U.S. Trade Representative Jamieson Greer warned Thursday that as much as $200 billion could be at stake as the Supreme Court considers overturning President Donald Trump’s tariffs—a ruling he says could spark a major economic shake-up.
"The court itself signaled, 'What do you do [with the money] in the case that the tariffs are overruled?" Greer said Thursday on "Mornings with Maria."
The justices are weighing whether Trump’s broad import tariffs—imposed amid trade disputes with China and other nations—are legally justified.
Greer explained that if the tariffs are struck down, certain plaintiffs, companies that challenged the tariffs in court, could be refunded directly. But the remainder of the money is held by the U.S. Treasury, and many importers would likely demand their share.
"

FOX Business
KARK
Associated Press Top News
Detroit Free Press
America News
Raw Story
Local News in Kentucky
Associated Press US News
Asheville Citizen Times
The Daily Beast