tariff

$20 billion in tariff refunds paid so far, with more on the way

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The Trump administration has refunded more than $20 billion so far in tariffs to importers and shippers, according to a court filing, after the Supreme Court struck down the cornerstone of President Donald Trump’s trade policy in February. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The administration … Read more

Trump touts ‘fantastic trade deals’ in final Xi meeting amid tariff standoff

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NEWYou can now listen to Fox News articles! President Donald Trump held his final meeting with Chinese President Xi touting a big win on one of the central focuses orf the high-stakes summit after the two leaders held a bilateral tea at the Zhongnanhai compound. “This has been an incredible visit,” Trump said to reporters. … Read more

Businesses starting to receive their IEEPA tariff refunds

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Businesses across the U.S. began receiving federal refunds on Tuesday for tariffs imposed by President Trump in 2025 and struck down by the Supreme Court earlier this year.  Sarah Wells, whose small business makes accessories and apparel for breastfeeding mothers, told CBS News that about half of the money she is owed by the U.S. … Read more

Trump criticizes 2 Supreme Court justices by name over tariff ruling

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NEWYou can now listen to Fox News articles! President Donald Trump issued a lengthy lament for two of his Supreme Court justices’ $159 billion ruling against tariffs and likely “ruling against us on Birthright Citizenship” and showing “so little respect to our country, and its people.” “I don’t want loyalty, but I do want and … Read more

What the Trump administration’s latest tariff blow means for businesses

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A U.S. trade court’s ruling against a Trump administration tariff could further constrain the White House’s ability to impose import levies, according to legal and trade experts. The Court of International Trade (CIT) sided with 24 states and businesses that filed a lawsuit challenging the legality of a 10% global tariff imposed by President Trump in February under Section … Read more

Feds have rejected 15% of businesses’ tariff refund claims

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Roughly 15% of tariff refund requests have been rejected since a government reimbursement portal launched on April 20, according to U.S. Customs and Border Protection (CBP).  As of April 26, the federal agency had received more than 75,000 refund requests from U.S. businesses and other importers. More than 47,000 claims encompassing some 11 million tariff … Read more

UPS, FedEx and DHL are seeking tariff refunds. Here’s what it means for consumers.

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Major shippers, including UPS, FedEx and DHL, have filed claims for tariff refunds with U.S. Customs and Border Protection (CBP), which on Monday launched a portal through which businesses can request money back for some of the import duties they had paid under the Trump administration.  The companies also pledged to return money to customers who … Read more