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.
Category: Customs (Tariff)
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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.
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Rival Nations Seize On Choke Points to Counter Trump
From Iran to China, President Trump’s global aggression has encouraged other countries to search for new ways to pressure the U.S. economy.
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Trump Revamps Metal and Pharmaceutical Tariffs
The administration announced new levies and made changes to existing tariffs for industries that have proved influential on the president’s trade policy.
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Trump Offers More Aid to Farmers, a Key Support Bloc Hurt by Tariffs and War
The president announced new loan guarantees at a White House event that appeared intended to reassure a group that has found itself caught in the crosshairs of some of his major policies.
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.