Treasury Secretary Scott Bessent confirmed that the United States has the capital should the Supreme Court rule in favor of the retail companies seeking refunds for President Donald Trump’s tariffs.

Bessent made the assertion in an interview with Reuters. The Trump administration is facing lawsuits from Costco, Kawasaki Motors, Revlon, and Bumble Bee Foods, among others, over the tariffs. These companies are seeking a full refund of the tariffs they have paid to the Trump administration for foreign products, with interest. 

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