Trump, EU and Tariffs
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WASHINGTON, May 4 (Reuters) - The U.S. Customs and Border Protection (CBP) agency said on Monday it now estimates the first electronic refunds from U.S. President Donald Trump's tariffs deemed illegal by the Supreme Court will start as soon as May 12,
When the Supreme Court killed his favorite tariffs in February, President Donald Trump rolled out temporary import taxes to replace them.
The Supreme Court ruled President Trump's tariffs illegal, allowing companies to apply for refunds. Experts say consumers are unlikely to receive direct refunds or see widespread price drops. Costco,
The first refund payments will go out later this month as the portal works through kinks to return money to businesses.
The federal government is expecting to issue the first refunds of President Trump’s invalidated tariffs on or about May 11, according to new court documents. U.S. Court of International Trade Judge Richard Eaton,
President Donald Trump told a group of small business owners Monday that tariffs should be higher, even as polling is mixed on the issue. "You actually said thank you for the tariffs, but the tariffs really aren't high enough in my opinion,