refund

Tariff refund delays could cost U.S. taxpayers $700 million a month in interest, report finds

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The federal government is estimated to owe American businesses up to $175 billion in tariff refunds after the Supreme Court struck down much of the Trump administration’s import duties last month. But the U.S. could end up owing considerably more money, according to a new analysis — in interest payments.  Research from the Cato Institute, a nonpartisan … Read more

Federal court rejects Trump administration attempt to slow tariff refund process

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WASHINGTON — A federal court on Monday rejected the Trump administration’s attempt to slow the process of refunding billions of dollars’ worth of tariffs the Supreme Court struck down as illegal last month. The U.S. Court of Appeals for the Federal Circuit started the next phase in the refund process by sending it to a … Read more

Federal appeals court rejects Trump administration’s push to delay start of tariff refund process after Supreme Court ruling

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Washington — A federal appeals court on Monday declined to delay implementation of the Supreme Court ruling that invalidated most of President Trump’s tariffs, allowing next steps in processing of tariff refunds to begin swiftly, following the high court’s decision last month. The decision from the U.S. Court of Appeals for the Federal Circuit clears … Read more

State Farm to offer $100 average refund to car insurance customers

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State Farm is issuing an average refund of $100 per vehicle to its auto insurance customers in what the company says is the largest dividend in its history. The insurer said Thursday that the refunds will go out to policyholders of 49 million vehicles this summer. The exact payment amount will vary based on where … Read more