Importers Brace for $150 Billion Tariff Refund Fight if Trump Loses at Supreme Court
Company executives, customs brokers and trade lawyers are bracing for a Supreme Court ruling on the legality of President Donald Trump's sweeping global tariffs - and a potential fight over obtaining perhaps $150 billion in refunds from the U.S. government for duties already paid by importers if he loses.
Anticipation that the court will strike down the tariffs Trump imposed under the International Emergency Economic Powers Act of 1977 rose after the November arguments in the case when conservative and liberal justices alike voiced skepticism...
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