MacGuineas dismissed the broadside as “a bit of an odd response,” noting that the CRFB actually agrees with the administration’s goal of using tariff revenues to improve the country’s fiscal outlook. The group had previously praised the original IEEPA tariff haul as a “bright spot in an otherwise gloomy fiscal picture.” Furthermore, it appears that the Trump White House will have to refund the tariff revenue from 2025, as the U.S. Court of International Trade ruled earlier this week that “all importers of record” were “entitled to benefit” from the Supreme Court ruling.
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