US explores settlement path to refund billions in tariffs after Supreme Court ruling

U.S. Customs and Border Protection heads to the Court of International Trade to negotiate returning billions in tariffs deemed illegal by the Supreme Court, with Phase 1 refunds of about $90 billion already approved and roughly $22 billion sent to the Treasury. The next phase covers more complex, liquidated tariffs that often require lawsuits, a hurdle for smaller importers, and some groups are pushing for a class action to streamline refunds. The hearing is framed as settlement talks as the court weighs how broad a remedial order can be.