*The Supreme Court ruled in February that Trump couldn’t impose his tariffs. Now 330,000 importers want their money back. Total bill: $166 billion.*

# What Nobody Tells You

General Motors said it expects to receive $500 million in refunds from tariffs that were ruled illegal by the Supreme Court. ￼ The Supreme Court ruled in February that the International Emergency Economic Powers Act did not give President Donald Trump the power to unilaterally impose tariffs. ￼ GM is one of more than 330,000 importers who paid the IEEPA tariffs that were invalidated, totaling $166 billion. ￼ The federal government opened its refund portal last week to allow companies to apply to get tariff money back. ￼

# Why It Actually Matters

The IEEPA tariffs alone cost the typical American household $700 last year, according to the nonpartisan Tax Foundation. ￼ Households don’t get a portal. Households don’t get refunds. GM gets $500 million back to boost its profit forecast. The American family who paid $700 extra for groceries, gas, and back-to-school clothes? They’re funding the refund. Trump collected $166 billion illegally, the courts said give it back, and now Treasury is cutting checks to corporations while families eat the loss.

# What To Do About It

When the illegal tax gets refunded to corporations but not consumers, that wasn’t a tariff. That was a wealth transfer.

*This post is sponsored by CRIX22, AI-powered crisis simulations. When the Supreme Court strikes down a tax and only the corporations get refunds, the consumers were the product. → crix22.com*

GM Wants $500 Million Back from Tariffs the Supreme Court Killed