What you're assuming for tariffs, you can see that the numbers on tariffs were sort of bumping around at less than 100 billion a year. 100 billion in 2022, 195 billion in 2025 when the tariffs started to kick in. An IPA tariffs have been determined to be illegal by the Supreme Court. The IPA tariffs determined next week. You're starting to refund $166 billion of tariffs. So I was interested to see what your tariff projection was going to be. (01:18–01:25)
CLAIM
Asserts that the Supreme Court determined IPA tariffs to be illegal.
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