Inflationary surges and economic slowdowns set off by the war in Iran, tariffs and other Trump policies have forced monetary officials to adjust, our columnist says.
Category: Customs (Tariff)
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Ford Reports Higher Profit Thanks Partly to Tariff Refund
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that were later struck down by the Supreme Court.
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G.M.’s Profit Bolstered by a $500 Million Tariff Refund
Because of a February Supreme Court decision, General Motors said it would receive refunds on some of the tariffs it had paid.
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Tariffs Raised Consumers’ Prices, but the Refunds Go Only to Businesses
Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Companies, Not Consumers, to Cash In Big From Tariff Refunds
Many families felt the sting of the president’s now-illegal tariffs, but companies have said little about whether they will share the $166 billion coming back to them.
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Who’s Getting a Tariff Refund?
Following a Supreme Court ruling that struck down several Trump administration tariffs, importers have begun applying for their share of $166 billion in refunds. As our economic policy reporter Tony Romm explains, consumers are unlikely to see much of that money returned to their own pockets.
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Trump Administration Takes Steps to Refund $166 Billion in Tariffs
The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
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Trump Administration to Begin Refunding $166 Billion in Tariffs
The government will debut a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
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Trump Administration Returns to Court for Yet Another Tariff Lawsuit
States and small businesses challenged the 10 percent tax on many imports that President Trump imposed after the Supreme Court struck down a previous slate of tariffs.
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America’s Furniture Stores Struggle to Survive a Frozen Housing Market
Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
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White House Secures Foreign Steel for Ballroom Project
ArcelorMittal, a European steel maker, is donating tens of millions of dollars of foreign steel for President Trump’s new ballroom.
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‘Definitely a Sham’: As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate
U.S. imports from China have shrunk drastically. But billions of dollars of the change appear to be the result of accounting gimmicks and outright fraud.