Tag

Refunds

All articles tagged with #refunds

politics1 day ago

White House Moves to Lock In Tariff Cash After Court Ruling

Following a Supreme Court ruling that tariffs were unlawfully collected, the Trump administration is weighing legal strategies to preserve billions in tariff revenue, including redefining duties, expediting or delaying refunds, or offering refunds in exchange for concessions. The plan faces likely court challenges and political backlash, with thousands of refund-related cases pending and the potential for years of litigation, even as the government seeks to shield federal finances from a sudden fiscal hit.

Tariffs cost consumers, refunds unlikely despite lawsuits
business3 days ago

Tariffs cost consumers, refunds unlikely despite lawsuits

Costco and other importers are suing to speed tariff refunds, but even if funds are returned, they would mostly go to the importer of record rather than consumers who paid higher prices; the Supreme Court ruling that tariffs were illegal has left refunds unclear and potentially years away. Economists estimate consumers bore about a quarter of tariff costs via higher prices (roughly $1,000 per American household), and Democrats are pressing for consumer refunds while the Trump administration has floated rebates; several companies including Costco and FedEx have filed suits, but in practice consumer refunds remain unlikely.

King of Meat's Short Run Ends as Servers Close
gaming3 days ago

King of Meat's Short Run Ends as Servers Close

Amazon Game Studios and Glowmade are shutting down the online co-op dungeon-crawler King of Meat, with servers slated to go offline on April 9, 2026; refunds will be issued via the platform where players purchased the game, and existing content will remain playable until shutdown. The move highlights the fragility of live-service titles despite heavy marketing, following other closures in the space.

FedEx seeks full refund of Trump-era tariffs after Supreme Court ruling
business3 days ago

FedEx seeks full refund of Trump-era tariffs after Supreme Court ruling

FedEx filed a lawsuit in the US Court of International Trade seeking a full refund of tariffs imposed during the Trump administration after the Supreme Court ruled that Congress, not the presidency, has the authority to levy taxes; the case names CBP and the US government as defendants and does not specify an amount. While the court did not resolve refunds, the decision raises the possibility that duties collected could be returned and has prompted Democratic calls for relief to small businesses and possibly passing refunds to customers; Trump has signaled he will pursue tariffs under other authorities, which would continue to affect prices for US households.

FedEx seeks full refund of Trump-era tariffs after Supreme Court ruling
business4 days ago

FedEx seeks full refund of Trump-era tariffs after Supreme Court ruling

FedEx filed a lawsuit seeking a full refund from the U.S. government for tariffs imposed under the International Emergency Economic Powers Act by Trump, arguing the Supreme Court’s ruling that those tariffs are illegal and that the Court of International Trade has exclusive jurisdiction. The suit appears to be the first major company bid for refunds after the ruling, while other pending suits (including Costco’s) have not yet been decided. FedEx has not disclosed the exact amount paid; last year it warned of about a $1 billion earnings hit due to U.S. trade policies, and regulators have not yet established a refund process.

King of Meat Shuts Down on PS5, Full Refunds Arranged Ahead of April 2026 Closure
technology4 days ago

King of Meat Shuts Down on PS5, Full Refunds Arranged Ahead of April 2026 Closure

Amazon-published PS5 co-op live-service title King of Meat is being delisted and will shut down on April 9, 2026; players who bought it will receive full refunds in the coming weeks, with access to existing content until the servers go offline, as the game failed to attract a sizeable audience, mirroring other canceled Amazon game projects like New World.

politics4 days ago

Democrats push for tariff refunds and curb new Trump duties

Senate Democrats introduced legislation to force refunds for tariffs imposed under the International Emergency Economic Powers Act that were struck down by the Supreme Court, with Customs prioritizing small businesses and regular updates to Congress until repayment. They also vow to block a future extension of Trump’s global tariffs, arguing they would harm consumers and the economy. President and Republican leaders signal uncertainty about refunds and codifying tariffs amid a high-stakes week that includes other Capitol Hill battles (air-safety legislation, DHS funding, and a busy State of the Union backdrop).