The US Treasury holds $904.9 billion in cash, more than enough to cover estimated $170 billion in tariff refunds after the Supreme Court ruled IEEPA tariffs illegal, but the key issue is how to address a projected $1.4 trillion revenue shortfall by 2035 as officials consider alternative tariffs and phased refunds.
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https://en.infomaxai.com/news/articleView.html?idxno=106116
#YonhapInfomax #USTreasury #TariffRefunds #IEEPA #RevenueShortfall #SupremeCourtRuling #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106116

[Trump Tariff Ruling Illegal] US Treasury Holds $904.9 Billion in Cash—Future Revenue, Not Refunds, Is the Key Issue
The US Treasury holds $904.9 billion in cash, more than enough to cover estimated $170 billion in tariff refunds after the Supreme Court ruled IEEPA tariffs illegal, but the key issue is how to address a projected $1.4 trillion revenue shortfall by 2035 as officials consider alternative tariffs and phased refunds.