Companies are entitled to refunds for Trump tariffs struck down by Supreme Court, judge rules
CBS News • • nation
Key Points:
- A federal judge ruled that U.S. companies who paid tariffs invalidated by the Supreme Court in February are legally entitled to refunds, specifically addressing a case brought by Atmus Filtration.
- Judge Richard Eaton declared he will oversee all cases related to refunds of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), which the Supreme Court found President Trump lacked authority to impose.
- The ruling follows a federal appeals court decision that declined to delay the Supreme Court ruling, paving the way for tariff refunds to begin, with potential government liabilities estimated up to $175 billion.
- The U.S. Customs and Border Protection agency must now create a process to handle mass refunds, a challenging task since their system was not designed for large-scale
