Trump Tariffs Cancelled, But Refunds Could Take Years

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Firstpost•24-02-2026, 11:34
Trump Tariffs Cancelled, But Refunds Could Take Years
- •Supreme Court ruled Trump's tariffs illegal, but importers face long wait for refunds.
- •Up to $175 billion in 'illegal tariffs' collected by the administration.
- •US Court of International Trade (CIT) will decide refund claims, potentially taking years.
- •Fears of retribution against companies seeking refunds due to Trump's past actions.
- •Trump allies may be counting on protracted litigation to shift refund burden to successor.
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