Hochul Demands Trump Administration Refund $13.5 Billion in Tariff Payments to New Yorkers

New York Gov. Kathy Hochul sent a letter to U.S. Treasury Secretary Scott Bessent on Thursday demanding that the federal government refund approximately $13.5 billion in tariff payments to New Yorkers following a Supreme Court ruling that struck down President Donald Trump’s tariff policies as unlawful. Hochul called on the Treasury Department to coordinate with other federal agencies and “immediately formulate and implement a plan to refund all tariff proceeds.” The Democratic governor cited estimates from the Budget Lab at Yale showing the average New York household has faced roughly $1,751 in added costs since the tariffs were enacted last year....