How the Dash to Collect Tariff Refunds Will Play Out
While a judge’s decision has raised hopes, it could take months before money hits anyone’s bank account. Source link
tariff
Trump’s new tariff plan barrels back to court following multistate lawsuit
NEWYou can now listen to Fox News articles! A group of two dozen state attorneys general sued President Donald Trump on Thursday in an effort to block his new 10% tariffs from taking force — a move that all but ensures Trump’s newly revived tariff regime will end up back before the federal courts for the … Read more
Tariff refund delays could cost U.S. taxpayers $700 million a month in interest, report finds
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
US whiskey exports to Canada collapse nearly 70% after Trump tariff fight
NEWYou can now listen to Fox News articles! EXCLUSIVE: LOUISVILLE, Ky. — A year after Canadian provinces yanked American whiskey from store shelves in a trade clash triggered by President Donald Trump’s tariffs, U.S. spirits exports have collapsed by nearly 70%, gutting what had been one of the industry’s most important overseas markets. In 2025, … Read more
The Tiny Court at the Center of a Massive Scramble to Get Tariff Money Back
The Court of International Trade, a specialty court that settles technical trade disputes, will determine whether and how refunds get issued. Source link
Federal court rejects Trump administration attempt to slow tariff refund process
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
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
China emerges as big winner from Supreme Court’s tariff ruling
HONG KONG — Global trade has been upended again after the Supreme Court struck down President Donald Trump’s “reciprocal” tariffs, with U.S. trading partners and businesses around the world grasping to understand the system that replaces them. A new flat global tariff of 10% paid by U.S. importers took effect Tuesday, lower than the 15% … Read more
FedEx vows to pass any tariff refunds it gets from the U.S. on to customers
FedEx is pledging to return any tariff costs it charged to customers if the Trump administration refunds the delivery company for the levies. “If refunds are issued to FedEx, we will issue refunds to the shippers and consumers who originally bore those charges,” FedEx said in a statement on Thursday. “When that will happen and the … Read more
Dem senator puts Trump on notice over ‘unlawfully collected’ tariff funds after SCOTUS loss
NEWYou can now listen to Fox News articles! FIRST ON FOX: A Senate Democrat is demanding that the Trump administration refund billions in tariff revenue to Americans following last week’s Supreme Court decision, according to a letter first obtained by Fox News Digital. Sen. Ruben Gallego, D-Ariz., wrote in a letter to President Donald Trump … Read more