Trump administration begins refunding more than $166bn in tariffs
Briefly

Trump administration begins refunding more than $166bn in tariffs
"The Trump administration has begun accepting applications from businesses seeking refunds for more than $166bn in tariffs, months after the supreme court ruled that the president had no legal authority to impose them."
"Customs officials acknowledged they had to construct an entirely new processing infrastructure essentially from scratch, including grappling with the fact that they initially had no mechanism to deposit money directly into most importers' accounts."
"More than 3,000 companies have reportedly already sued the administration to secure their refunds, with some filing their cases even before the supreme court had issued its verdict."
"FedEx has said it will pass refunds back to the customers it shipped goods for, since it was those customers who footed the bill for the tariffs in the first place."
The Trump administration has initiated a digital claims system for businesses seeking refunds for over $166 billion in tariffs, following a Supreme Court ruling that deemed the tariffs illegal. Chief Justice John Roberts stated that the emergency statute invoked by Trump did not grant such authority. Customs officials are developing new processing infrastructure to manage claims. Over 3,000 companies, including major brands like Skechers and FedEx, have filed lawsuits for refunds, although only those who paid the tariffs can claim them, leaving consumers without direct recourse.
Read at www.theguardian.com
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