[Sara Albrecht] Refund tariffs the right way

When the US Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker has called for roughly $1,700 per Illinois household — about $8.7 billion total — arguing that families effectively paid an illegal tax through higher prices and deserve direct reimbursement. It may be appealing math. But it is not how tariffs work — and it is not how refunds should work. Tariffs are

By The Korea Herald