Refunds blocked on tariffs after Supreme Court ruling, FT reports

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Source: Reuters
Refunds blocked on tariffs after Supreme Court ruling, FT reports
Photo: Reuters
TL;DR

The Financial Times reports the U.S. government has declined to refund tariffs deemed illegal by the Supreme Court, leaving importers’ refund requests in limbo as customs officials deny or suspend repayments. The government has collected more than $130 billion in these duties, while a trade-court order to begin refunds has yet to be implemented amid unclear guidelines and no immediate comment from the White House or CBP.

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