Companies Entitled to Trump Tariff Refunds, Consumers Left Empty-Handed
In a significant ruling for importers, a federal judge in New York has determined that companies are entitled to refunds for tariffs previously struck down by the Supreme Court. The judge’s decision clarifies that all importers of record will benefit from the Supreme Court’s finding that President Trump’s sweeping import taxes were unconstitutional. This ruling could result in billions of dollars in refunds, and while the government is expected to appeal, the process for recalculating duties and issuing refunds has now begun.
John Q. Hosedrinker