Courts push rapid rollout of Trump-era tariff refunds

1 min read
Source: Axios
Courts push rapid rollout of Trump-era tariff refunds
Photo: Axios
TL;DR Summary

The Court of International Trade ordered U.S. officials to begin processing refunds for Trump-era IEEPA tariffs, covering unliquidated entries and potentially about $175 billion owed to importers; Costco said it would pass refunds to customers through lower prices. The administration is pushing for delays and is likely to appeal, while the court scheduled a Friday hearing to detail how refunds will be executed, amid millions of entries affected and ongoing questions about the process.

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