ShowBiz & Sports Lifestyle

Hot

New York calls for $13.5 billion tariff refund from Trump administration

New York calls for $13.5 billion tariff refund from Trump administration

By Jasper WardTue, February 24, 2026 at 10:40 PM UTC

25

FILE PHOTO: People walk on Fifth Avenue as President Trump’s new tariffs are imposed, in New York City, U.S., August 7, 2025. REUTERS/Adam Gray/ File Photo

By Jasper Ward

WASHINGTON, Feb 24 (Reuters) - New York Governor Kathy Hochul on Tuesday called on the Trump administration to issue $13.5 ‌billion in tariff refunds after the U.S. Supreme Court struck ‌down President Donald Trump's sweeping tariffs.

Last year, shortly after returning to the White House, Trump ​imposed varying tariffs on most of the world's countries. The move, which Trump called "Liberation Day," was met with legal challenges from businesses and some U.S. states.

Those tariffs, Hochul said, cost the average New York household an ‌estimated $1,751 in added costs ⁠over the last year and harmed the state's small businesses.

"These senseless and illegal tariffs were just a tax ⁠on New York consumers, small businesses and farmers, and that’s why I’m demanding a full refund" the governor said.

The White House did not immediately respond ​to ​a request for comment.

Advertisement

Hochul joins Illinois ​Governor JB Pritzker and California ‌Governor Gavin Newsom who last week called on the Republican president to issue refunds following the Supreme Court ruling.

All three Democratic governors are considered contenders for the U.S. 2028 presidential election.

The White House dismissed the calls by the governors, saying they spent decades talking about issues that ‌Trump was able to address.

"President Trump used ​tariffs to actually deliver where Democrats ​could only talk, so naturally ​Democrats are resorting to gathering more meaningless popcorn headlines – ‌pathetic but unsurprising," White House spokesman ​Kush Desai said ​in a statement.

Reuters reported last week that Penn Wharton Budget Model economists estimated more than $175 billion in U.S. tariff collections are ​subject to potential refunds.

Treasury ‌Secretary Scott Bessent has said the issue of tariff refunds ​would be addressed by the lower courts.

(Reporting by Jasper Ward ​in Washington; Editing by Bill Berkrot)

Original Article on Source

Source: “AOL Breaking”

We do not use cookies and do not collect personal data. Just news.