Court Orders $175B Tariff Refunds
A federal judge has ordered the U.S. government to initiate a massive refund process for an estimated $175 billion in Trump-era tariffs, which were invalidated by a Supreme Court ruling that found the President lacked the authority to impose them. This unprecedented decision means all importers are eligible for repayment, but delays in processing could cost taxpayers an additional $700 million monthly in accumulated interest.