‘By force’ collection of duties from India, this time Trump will return the ‘proceeds of sin’!

Donald Trump imposed a 50 percent tariff on India by force. By declaring a state of emergency, the U.S. president began trickery-as-usual-as-punishment into buying oil from Russia. Ultimately, the US Supreme Court ruled that this tariff was illegal. The Trump administration is also going to withdraw the tariffs. But the huge amount of duty that has been collected from India so far, will America return it?

Under the International Emergency Economic Powers Act of 1977 or IEEPA, Trump imposed tariffs at different rates on products from different countries. First impose a 25 percent tariff on India. Before those tariffs took effect, another 25 percent tariff was imposed as a ‘punishment’ on Russian oil purchases. India’s economy gets a big shock due to the double tariffs. Exports of goods to the United States are greatly reduced. India takes initiatives to expand the market in other countries for business.

If a lower court orders a refund of the tax money, the Trump administration will surely challenge it. As a result, when will the illegal duties collected from India be returned, the answer is unknown.

In the end, the US Supreme Court declared the huge tariffs illegal. Then the customs department issued a statement saying that tax collection will be stopped from Tuesday. But will the Trump administration return the money collected so far? Jameson Greer, America’s head of commerce, opened his mouth in response to that question. He said, “What to do is the decision of the court. The uncertainty about the duty has been created as a result of the court’s verdict. So the court will decide to return the money.”

Jamieson said that whatever the Supreme Court or the lower court decides on the tariff will be respected. That is, if the court orders, then the Trump administration will return the money collected from India. However, the US administration believes that determining the amount of money to be refunded after the verdict, and determining how the money will be returned will take a lot of time. Because the Trump administration currently has no plans for a refund process. If a lower court orders a refund of the tax money, the Trump administration will surely challenge it. As a result, when will the illegal duties collected from India be returned, the answer is unknown.