Trump plans to appeal ruling letting importers seek refunds of paid struck-down tariffs
Summary
The U.S. Supreme Court ruled that President Donald Trump did not have the authority to impose certain tariffs on imports. Businesses have started receiving refunds for those tariffs, but the Trump administration plans to appeal a court order that would allow all companies who paid the tariffs to get refunds, not just those who sued.Key Facts
- The Supreme Court struck down higher import taxes imposed under President Trump on goods from many countries.
- U.S. Customs and Border Protection (CBP) began issuing refunds to importers starting May 12.
- So far, CBP accepted refund claims totaling $85 billion and directed $20.6 billion in refunds to be paid.
- The Trump administration plans to appeal a federal judge’s order allowing all importers who paid the tariffs to seek refunds.
- The Department of Justice argued that only companies who filed lawsuits should be eligible for refunds.
- Judge Richard K. Eaton scheduled a June 9 hearing to discuss speeding up the refund process.
- Over 1,000 companies, including Costco and Dole, have filed lawsuits to reclaim tariff costs.
- CBP is processing refunds in phases, starting with payments made after the Supreme Court decision.
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