Wilbur Ross: Americans are the ultimate losers of tariff refund ‘mess’ – Fortune
After a late‑month Supreme Court decision that found duties levied under the International Emergency Economic Powers Act (IEEPA) unlawful, former Commerce Secretary Wilbur Ross and Treasury officials warned that roughly $175 billion collected through that tariff scheme will likely not reach American consumers. Treasury official Scott Bessent has said the sums are unlikely to be … Read more