Refunds came after the supreme court ruled Trump overstepped his authority in enacting sweeping tariffs US importers are expected to receive $85bn in tariff refunds after the supreme court struck down Donald Trump’s tariffs in February, according to US Customs and Border Protection (CBP), the agency that collects tariffs. Importers and shippers have so far…
Refunds came after the supreme court ruled Trump overstepped his authority in enacting sweeping tariffs
US importers are expected to receive $85bn in tariff refunds after the supreme court struck down Donald Trump’s tariffs in February, according to US Customs and Border Protection (CBP), the agency that collects tariffs.
Importers and shippers have so far been refunded $20bn, according to court documents filed on Tuesday, with about $65bn more on the way.
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