US trade court orders sweeping tariff refunds for companies in fresh blow to Trump
- Posted on March 5, 2026
- By Business News Today
- 7 Views
US trade court orders sweeping tariff refunds for companies in fresh blow to Trump
A federal judge in New York ruled that companies are entitled to refunds for tariffs invalidated by the Supreme Court, potentially totaling $175 billion. This decision mandates broad repayment for duties collected under emergency powers, initiating a complex administrative process for U.S. Customs and Border Protection.