STATEWIDE — GOV. KATHY HOCHUL on Tuesday called on the Trump administration to refund roughly $13.5 billion in tariffs paid by New York residents, following the Supreme Court’s recent decision invalidating the tariffs Trump imposed under the International Emergency Economic Powers Act. Using figures provided by the Yale Budget Lab, Hochul said the average New York household has been hit with an estimated $1,751 in added costs since the tariffs were enacted last year.
“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,” she said in a release.
In April, New York joined with 11 other states to sue the Trump administration over the tariffs imposed under IEEPA. On Feb. 20, the Supreme Court agreed with the states, ruling the tariffs were invalid. Trump has since imposed new tariffs under a temporary authority, however, adding to global economic uncertainty, the Guardian reported.
Despite the Supreme Court’s ruling, for many NYS farmers the damage has already been done, Hochul said. As part of her 2026 State of the State, the governor proposed $30 million in tariff relief for the agricultural sector.
