Supreme Court Tariff Ruling Leaves US Companies Scrambling Amid Refund Uncertainty

M
Moneycontrol•23-02-2026, 12:53
Supreme Court Tariff Ruling Leaves US Companies Scrambling Amid Refund Uncertainty
- •US Supreme Court struck down Trump's tariffs, but companies face confusion over billions in potential refunds.
- •Initial relief quickly turned to uncertainty as the court offered no guidance on refund processes.
- •Companies like Ethan Allen and Franco Salerno are grappling with cash flow, pricing, and survival issues.
- •Treasury Secretary Scott Bessent warned that refund litigation could drag on, with no consumer benefit.
- •Trump announced new 15% global tariffs shortly after the ruling, reigniting 'crisis mode' for businesses.
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