Saturday, April 4, 2026
Logo

U.S. companies should give Trump tariff refunds to workers as bonuses or raises: Greer

The United States government could end up paying $165 billion of more in refunds for Trump's IEEPA tariffs that the Supreme Court ruled were illegal.

BusinessBy Robert KingsleyMarch 13, 20262 min read

Last updated: April 1, 2026, 5:58 PM

Share:
U.S. companies should give Trump tariff refunds to workers as bonuses or raises: Greer

Jamieson Greer, US trade representative, during a Bloomberg Television interview outside the White House in Washington, DC, US, on Friday, Dec. 19, 2025.

Stefani Reynolds | Bloomberg | Getty Images

"The whole reason the president imposed these tariffs was to try to reshore, affect our massive imbalance in trade that we've experienced over many years because of China, Vietnam, the EU and others," Greer said.

"If the companies are going to get this windfall, they should pass it along to their workers as a bonus or a raise, because that's the purpose of the program. It's always been the purpose of the program. And the American people should get it, and the company should give it to their workers."

The Supreme Court, in its ruling last month, said Trump did not have the authority he invoked under the International Emergency Economic Powers Act, or IEEPA, to impose tariffs on imports from most countries in the world.

Treasury Secretary Scott Bessent has said he expected tariffs to return by August to the levels seen before the Supreme Court decision, as the Trump administration uses a range of other authorities to impose duties on imports.

On Wednesday and Thursday, Greer's office opened trade investigations into a total of nearly 80 countries and economies under Section 301 of the Trade Act of 1974. Among those under investigation are China, Japan, India, Mexico and the European Union.

Section 301 allows the United States to tariff imports from nations found to have engaged in unfair trade practices.

Trump invoked Section 122 of the Trade Act to impose global tariffs of 10% on imports. Those tariffs last for only 150 days unless Congress approves an extension.

RK
Robert Kingsley

Business Editor

Robert Kingsley reports on markets, corporate news, and economic trends for the Journal American. With an MBA from Wharton and 15 years covering Wall Street, he brings deep expertise in financial markets and corporate strategy. His reporting on mergers and market movements is followed by investors nationwide.

Related Stories