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.
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