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Politics4 min read

Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out

The former Commerce secretary says importers who passed tariff costs on to customers are now being paid back for money they didn't lose.

By Catherina GioinoFortune AI
Wilbur Ross was Trump’s first-term tariff hawk. Now he says refunds give importers ‘an extra profit’ and pay them ‘more than the money’ they laid out

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Originally published by Fortune AI on Oct 1, 2026.

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