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Trump Faces Potential Tariff Payback—Here’s the Crypto Angle You Missed

Trump Faces Potential Tariff Payback—Here’s the Crypto Angle You Missed

Published:
2025-05-29 11:38:00
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Trade wars meet blockchain transparency—could tariffs get the DeFi treatment?

While legacy finance scrambles to track tariff repayments, smart contracts would’ve auto-executed this mess. Another win for trustless systems.

Funny how ‘America First’ policies still rely on 19th-century customs paperwork. Maybe next time, Mr. President, try a blockchain solution—we hear they’re great at enforcing immutable agreements.

Trump Tariff Dilemma: What Happened

Donald Trump oval office discussing tariff threats

Source: NY Times

The Manhattan Court of International Trade has issued a block for Trump’s Liberation Day tariffs. This block is placed primarily because the court has considered these tariffs illegal, lacking authority under the IEEPA.

BREAKING: The Manhattan-based Court of International Trade has reportedly blocked President Trump’s proposed "Liberation Day" tariffs.

— The Kobeissi Letter (@KobeissiLetter) May 28, 2025

What’s the Worst That Could Happen? Perhaps a refund?

According to the Kobeissi Letter, Trump may end up issuing refunds, returning back the tariff money to all the nations involved if the court “upholds” the block on Trump’s tariff.

The amount that will be returned to the nations WOULD be approximately $10 billion. This will also include the 10% baseline tariffs on countries.

At the same time, the US will be issuing a refund of $3.5 billion to China alone if this development gains momentum in the NEAR future.

What’s next after “reciprocal tariffs” were struck down by the court?

If the Court of International Trade’s ruling on “reciprocal tariffs” is upheld, ALL tariffs collected since April 2nd would need to be refunded.

Based on our calculations, which assume 2024-levels of US…

— The Kobeissi Letter (@KobeissiLetter) May 29, 2025

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