KEY POINTS
Treasury Secretary Scott Bessent said he is “confident” Donald Trump’s tariff plan “will win” at the Supreme Court, but warned the U.S. would be forced to issue massive refunds if it loses.
National Economic Council Director Kevin Hassett noted that there are “other legal authorities” that the administration could use if the tariffs are blocked.
Before court action, Trump’s tariffs were set to affect nearly 70% of U.S. goods imports.
I didn’t realize this was happening. Where can I find out more about this?
Looks like most of this is happening outside the US - multinationals can apply for relief loans in other countries where they have an established workforce that could be impacted by the tariffs.
Eg, in Canada: https://cdev.gc.ca/applications-are-open-for-the-large-enterprise-tariff-loan-letl-facility/
As originally mentioned though, all this is loans to large multinationals; end users aren’t going to see the relief loans OR the refunds.
You could try looking up his ass, where the source of the news is.