Trump official admits Americans 'won't see' the billions in collected tariff revenues

Treasury Secretary Scott Bessent hinted that the American people would never see the return of $175 billion in tariffs collected by the Trump administration after the Supreme Court struck down the president's ability to impose them.

During an event at the Economic Club of Dallas on Friday, Ray Washburne noted that the administration had collected about $175 billion in tariffs under the International Emergency Economic Powers Act (IEEPA) before the court ruled it unconstitutional.

"But...