• Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release

Subscribe to Updates

Get the latest USA News and updates directly to your inbox.

What's On
2/26: The Takeout: The Iran Question

2/26: The Takeout: The Iran Question

February 26, 2026
Cynthia Nixon and Susan Sarandon to Lead LITTLE LIVES Benefit at The Public Theater

Cynthia Nixon and Susan Sarandon to Lead LITTLE LIVES Benefit at The Public Theater

February 26, 2026
Every ‘Survivor’ Contestant That Was Medically Evacuated From the Game and the Injuries That Took Them Out

Every ‘Survivor’ Contestant That Was Medically Evacuated From the Game and the Injuries That Took Them Out

February 26, 2026
Alleged criminal history of missing mom found after 24 years catches up with her

Alleged criminal history of missing mom found after 24 years catches up with her

February 26, 2026
Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition

Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition

February 26, 2026
Facebook X (Twitter) Instagram
Just In
  • 2/26: The Takeout: The Iran Question
  • Cynthia Nixon and Susan Sarandon to Lead LITTLE LIVES Benefit at The Public Theater
  • Every ‘Survivor’ Contestant That Was Medically Evacuated From the Game and the Injuries That Took Them Out
  • Alleged criminal history of missing mom found after 24 years catches up with her
  • Hillary Clinton comes out swinging after GOP grilled her during marathon Epstein deposition
  • FedEx says it will return any tariff refunds to customers, shippers who paid them
  • Brady Tkachuk addresses White House’s ‘clearly fake’ AI video showing him insulting Canadians
  • Trump’s Greenland push drives Danish prime minister to call early election
  • Privacy Policy
  • Advertise
  • Contact
US Times MirrorUS Times Mirror
Newsletter
  • Home
  • News
  • World
  • Business
  • Politics
  • Tech
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Travel
  • More
    • Web stories
    • Trending
    • Press Release
 Weather Login
US Times MirrorUS Times Mirror
Home » Hochul demands $13.5B refund for New Yorkers after Supreme Court strikes down Trump tariffs
Business

Hochul demands $13.5B refund for New Yorkers after Supreme Court strikes down Trump tariffs

staffstaffFebruary 26, 20261 ViewsNo Comments
Facebook Twitter WhatsApp Telegram Pinterest Email
Hochul demands .5B refund for New Yorkers after Supreme Court strikes down Trump tariffs

New York Gov. Kathy Hochul is demanding the Trump administration refund 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 import tariffs.

Citing estimates from the Yale Budget Lab, Hochul said the average New York household has paid roughly $1,751 in additional costs since the tariffs were enacted last year — money she argues should now be returned.

“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,” Hochul said Tuesday. “I’ll 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 issued Feb. 20, the Supreme Court ruled that Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs was unlawful, finding that it “does not authorize the President to impose tariffs.”

WILL REFUNDS BE ISSUED AFTER SUPREME COURT RULING ON TRUMP TARIFFS?

The majority opinion, written by Chief Justice John Roberts, did not address whether refunds should be issued.

Hochul joins other Democratic governors, including California Gov. Gavin Newsom and Illinois Gov. J.B. Pritzker, in calling for tariff refunds following the ruling.

Several companies have also moved to recover costs. FedEx, the global shipping and logistics company, sued the administration seeking a full refund of duties assessed under Trump’s order. The company said it incurred additional expenses to expedite shipments through customs and is seeking repayment with interest, as well as compensation for financial harm.

The White House did not immediately respond to FOX Business’ request for comment.

FEDEX SUES TRUMP ADMINISTRATION FOR FULL TARIFF REFUNDS AFTER SUPREME COURT RULING ON IEEPA

President Donald Trump speaking

Trump declined to say during a news conference last week whether the administration would provide refunds.

“I guess it has to get litigated for the next two years. So they write this terrible defective decision, totally defective. It’s almost like not written by smart people. And what do they do, they don’t even talk about that,” Trump said.

After the ruling, Trump announced a 10% global tariff and said he would look into alternative legal avenues to keep them in place. He later raised the tariff to 15%.

Hochul also pointed to a $30 million tariff relief proposal she introduced last month aimed at assisting New York farmers and small businesses impacted by higher costs.

She said over 80% of agrochemical imports and 70% of farm machinery imports are subject to tariffs of at least 10%, making it difficult for farmers to avoid higher prices due to limited alternative suppliers.

People walk past the US Supreme Court in Washington, DC

Farmers across the state are facing increased expenses for fertilizer and equipment, with some reporting cost increases of up to $20,000 annually, Hochul said. Milk exports have fallen 7%, she added.

Despite the Court’s ruling, Hochul said the “damage has already been done” for many farmers.

FOX Business’ Eric Revell and Bonny Chu contributed to this report.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram WhatsApp Email

Related News

FedEx says it will return any tariff refunds to customers, shippers who paid them

FedEx says it will return any tariff refunds to customers, shippers who paid them

Netflix backs out of Warner Bros. bidding war after Paramount made ‘superior’ offer

Netflix backs out of Warner Bros. bidding war after Paramount made ‘superior’ offer

Florida man arrested over alleged 8M crypto Ponzi scheme

Florida man arrested over alleged $328M crypto Ponzi scheme

Ford recalls over 4.3 million vehicles over software issue

Ford recalls over 4.3 million vehicles over software issue

Americans hit with soaring electricity bills as price hikes outpace inflation nationwide

Americans hit with soaring electricity bills as price hikes outpace inflation nationwide

FTC chair touts ‘huge win for American workers’ after Walmart agrees to 0M settlement over driver pay

FTC chair touts ‘huge win for American workers’ after Walmart agrees to $100M settlement over driver pay

Iran regime ‘about to collapse,’ Prince Reza Pahlavi says as economic crisis deepens

Iran regime ‘about to collapse,’ Prince Reza Pahlavi says as economic crisis deepens

Mortgage rates fall below 6% for first time since 2022

Mortgage rates fall below 6% for first time since 2022

Waymo to bring driverless cars to Chicago, eyes Midwest expansion

Waymo to bring driverless cars to Chicago, eyes Midwest expansion

Add A Comment

Leave A Reply Cancel Reply

Latest News

Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Melbourne: All Refugees Held in Hotel Detention to be Released

Melbourne: All Refugees Held in Hotel Detention to be Released

January 11, 2021

Subscribe to News

Get the latest USA News and updates directly to your inbox.

Editor's Picks
Review: Record Shares of Voters Turned Out for 2020 election

Review: Record Shares of Voters Turned Out for 2020 election

January 11, 2021
EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

EU: ‘Addiction’ to Social Media Causing Conspiracy Theories

January 11, 2021
World’s Most Advanced Oil Rig Commissioned at ONGC Well

World’s Most Advanced Oil Rig Commissioned at ONGC Well

January 11, 2021
Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram
2026 © US Times Mirror. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?