Companies prepare — as best they can — for possible tariff refunds
Companies are scrambling to prepare in case the Supreme Court orders the refund of billions in tariff revenue collected under the Trump administration — all while navigating major uncertainty about whether the Court will actually overturn the tariffs.
Costco sues Trump administration for ‘full refund’ of tariffs
Multinational retail giant Costco has sued the US government to secure a full refund of import duties if the Supreme Court rejects President Donald Trump’s authority to impose tariffs without congressional approval.
Court appears dubious of Trump’s tariffs
The Supreme Court on Wednesday seemed skeptical of President Donald Trump’s authority to impose sweeping tariffs in a series of executive orders earlier this year.