Businesses Push for Tariff Refunds as Trump Aides Hint at Fight to Come
The New York Times • • nation
Key Points:
- Following the Supreme Court's invalidation of President Trump's global tariffs, major companies like Dyson, FedEx, and L’Oreal have filed lawsuits seeking refunds totaling over $100 billion collected from these tariffs.
- Approximately 900 refund claims have been filed in federal court, with legal groups representing affected businesses initiating proceedings to recover past duties, requiring government responses imminently.
- Despite earlier assurances from the Trump administration that refunds would be paid if the tariffs were struck down, officials have recently adopted a dismissive stance, suggesting that legal resolution and refund disbursement could take years.
- Treasury Secretary Scott Bessent indicated that refund requests cannot begin for about a month and emphasized that the administration will comply with lower court rulings as the legal battle unfolds.
