US Treasury secretary says tariff refunds unlikelyReutersThe US Department of the Treasury has adequate funds to pay any tariff refunds ordered if the US Supreme Court rules against US President Donald Trump’s tariffs, but any repayments would be spread out over weeks or even a year, US Secretary of the Treasury Scott Bessent said. US Secretary of the Treasury Scott Bessent speaks about monetary policy in Minnesota on Thursday. Importers and trade lawyers had anticipated a Supreme Court ruling on Friday but the court instead issued a ruling on a different matter. Bessent said he believed that the longer the tariff decision is delayed, the more likely it is that the Supreme Court rules in Trump’s favor. With cash on hand of nearly US$774 billion as of Thursday, the Treasury has more than enough funds to cover any refunds.

Source: Taipei Times January 11, 2026 16:41 UTC