New York Gov. Kathy Hochul on Tuesday called on the Trump administration to refund the estimated $13.5 billion in tariff payments to New Yorkers after the Supreme Court on Friday struck down many of the president’s far-reaching tariffs.
According to the governor’s office, based on estimates by the Yale Budget Lab, the average New York household has faced an estimated $1,751 in added costs due to tariffs since they were enacted last year, for a total estimated $13.5 billion statewide impact.
“These senseless and illegal tariffs were just a tax on New York consumers, small businesses and farmers — and that’s why I’m demanding a full refund,” Hochul said in a statement. “I’ll never stop fighting for New Yorkers, and that means staying focused on putting more money back in your pockets — not ripping it away.”
Hochul, a Democrat up for reelection this year, has been a regular critic of the tariffs since their implementation earlier this year. In her State of the State address in January, Hochul proposed $30 million for farmers who have been impacted by the tariffs.
Top Trump administration officials are insisting that courts must weigh in on how to approach potentially issuing tariff refunds in the wake of the Supreme Court’s ruling. The court ruled the president does not have the authority to impose sweeping tariffs under the International Emergency Economic Powers Act, or IEEPA, passed in 1977.