Treasury Secretary Scott Bessent on Sunday said the U.S. could end up giving massive refunds if the U.S. Supreme Court finds the Trump administration's tariffs are illegal, and denied that the tariffs are effectively a tax on American consumers. In an interview on NBC's "Meet the Press," Bessent said he's confident that the tariffs will be upheld by the Supreme Court. But even if they're not, "there are numerous other avenues that we can take," he told host Kristen Welker, though that would "diminish President Trump's negotiating position." "We would have to give a refund on about half the tariffs, which would be ... (full story)