Treasury Secretary Scott Bessent has indicated that if the Supreme Court rules against the Trump administration regarding tariffs, the U.S. may need to refund approximately half of the tariff revenue collected, potentially exceeding $200 billion. This high-stakes legal battle could significantly impact the U.S. deficit and bond markets. Businesses across the country are closely monitoring the situation and exploring refund options as uncertainty looms. The White House is evaluating strategies to maintain the tariffs if they are struck down, as importers and small businesses rally for a swift Supreme Court decision on the matter. Experts are divided on the legality of the tariffs, with many arguing they overstep presidential authority. The Supreme Court is expected to make a definitive ruling soon, which could reshape the landscape of U.S. trade policy.