A senior White House economic official recently suggested that tariff refunds may remain off the table, regardless of how the courts rule. According to the adviser, the administrative complexity involved in processing such refunds presents significant practical obstacles that could prove difficult to overcome. The statement highlights the tension between judicial outcomes and executive implementation capabilities—a gap that often defines real-world policy outcomes. Market participants watching this situation should pay attention to how policy uncertainty might influence broader economic sentiment and asset valuations going forward.