Judge rules companies are entitled to refunds for Trump tariffs overturned by the Supreme Court
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A federal judge in New York ruled that companies are entitled to refunds for tariffs imposed by the Trump administration that were overturned by the Supreme Court last month. Judge Richard Eaton stated that all importers are eligible for refunds following the Supreme Court's decision that President Trump's tariffs, enacted under the International Emergency Economic Powers Act (IEEPA), were unconstitutional. The Supreme Court determined that the president cannot unilaterally set tariffs, as that power belongs to Congress. Judge Eaton will oversee cases related to these tariff refunds, potentially worth $175 billion. The ruling clarifies the refund process, ordering customs to cease collecting the IEEPA tariffs and recalculate duties for goods already processed.
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