After President Trump announced reciprocal tariffs in April 2025, the Supreme Court later ruled that the bulk of the sweeping tariffs were illegal. In the wake of that ruling, Democrats have advanced demands that Americans receive compensation totaling billions of dollars, framed as roughly $1,700 per household.
New York Gov. Kathy Hochul sent a letter to U.S. Treasury Secretary Scott Bessent on Thursday calling for the federal government to ârefund all tariff payments to New Yorkers,â citing a January study from the Yale Budget Lab. Sen. Elizabeth Warren released a video on Thursday promoting the $1,700 figure. The push echoes and reverses earlier messaging that promised $2,000 dividend checks to build support for tariffs.
The Federal Reserve Bank of New York reported this month that nearly 90% of the tariffsâ economic burden fell on U.S. firms and consumers. After the Court decision, the president implemented 15% levies globally. Companies including Costco, FedEx, and LâOreal are suing the Trump administration seeking refunds.