Reps. Jim Jordan, R-Ohio, and former House Speaker Kevin McCarthy discuss Republicans’ mid-term agenda following President Donald Trump’s “record-long” State of the Union address on “Mornings with Maria.”
New York Governor Kathy Hochul is demanding that the Trump administration return an estimated $13.5 billion in tariff payments to New Yorkers after the Supreme Court struck down a key legal basis for President Donald Trump’s tariffs.
Citing estimates from the Yale Budget Lab, Hochul said the average New York household has paid about $1,751 in additional costs since the rates were introduced last year — money she said should now be refunded.
“These senseless and illegal fees were merely a burden on New York consumers, small businesses and farmers – and that is why I am demanding a full refund,” Hochul said Tuesday. “I will never stop fighting for New Yorkers, and that means staying focused on putting more money back in your pockets — not ripping it away.”
In a 6-3 decision on February 20, the Supreme Court ruled that Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs was unlawful, ruling that it “does not authorize the President to impose tariffs.”
WILL REFUNDS BE ISSUED AFTER THE SUPREME COURT RULING ON TRUMP TARIFFS?
New York Governor Kathy Hochul called for tariff refunds after the Supreme Court struck down parts of former President Donald Trump’s trade policies. (Michael Nagle/Bloomberg via Getty Images/Getty Images)
The majority opinion, written by Chief Justice John Roberts, did not address whether refunds should be issued.
Hochul joins other Democratic governors, including California Governor Gavin Newsom and Illinois Governor JB Pritzker, in calling for tariff refunds following the ruling.
Several companies have also taken action to recover costs. FedEx, the global shipping and logistics company, has sued the government, seeking a full refund of tariffs imposed under Trump’s order. The company said it incurred additional costs to clear shipments through customs and is seeking reimbursement with interest, as well as compensation for financial damages.
FEDEX SUES TRUMP ADMINISTRATION FOR FULL FARE REFUNDS AFTER SUPREME COURT RULING OVER IEEPA
President Donald Trump said he would explore alternative legal options to enforce tariffs after the Supreme Court ruling. (Nathan Howard/Getty Images/Getty Images)
Trump declined to say at a news conference last week whether the government would issue refunds.
“I think it’s going to be litigated for the next two years. So they write this terribly flawed decision, totally flawed. It’s almost like it wasn’t written by smart people. And what do they do, they don’t even talk about it,” Trump said.
After the ruling, Trump announced a 10% global tariff and said he would explore alternative legal options to keep it in place. He later increased the rate to 15%.
Hochul also pointed to a $30 million rate reduction proposal she introduced last month aimed at helping New York farmers and small businesses hit by higher costs.
She said more than 80% of agricultural chemical imports and 70% of agricultural machinery imports are subject to tariffs of at least 10%, making it difficult for farmers to avoid higher prices due to limited alternative suppliers.
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The U.S. Supreme Court ruled 6-3 that the International Emergency Economic Powers Act does not authorize the president to impose broad tariffs. (MANDEL NGAN/AFP via Getty Images/Getty Images)
Farmers across the state are facing increased expenses for fertilizer and equipment, with some cost increases as high as $20,000 per year, Hochul said. Milk exports are down 7%, she added.
Despite the court’s ruling, Hochul said the “damage has already been done” for many farmers.
