The president is looking to re-establish the same rate of tariffs he had under IEEPA using a smorgasbord of different congressional delegations of tariff authority.

Explains Section 338 allows up to 50% tariffs for unlimited time based on presidential finding of discrimination. Sections 232 and 301 have procedures but no limits on tariff height or duration.

Section 338 process can be very speedy. Section 232 and 301 investigations depend on scope and quality - good ones can take 4-5 months. Big X-factor is Section 122 expires July 24th, requiring Congressional extension.

Challenges will certainly be filed but unlikely to be resolved in 5 months. White House has made a case that's not wrong based on current account balance interpretation.

Refunds are a 'how' question not an 'if' question. Extremely difficult to figure out fair way due to gap between who paid at customs and who actually bore cost.

Given the complexity, direct checks might be as fair as any approach since there will be unfairness regardless. Consumers often bore costs through price gouging under cover of tariffs.

Hypothetically possible but somewhat improbable. Legally they could approximate same tariff levels and bring in similar $150 billion revenue in short term.