US trade court to Trump administration: speed up tariff refunds

The US Court of International Trade is pressing the Trump administration to speed up tariff refunds of billions of dollars to thousands of importers, following a partial roll-out after the US Supreme Court struck down its global tariffs in February.“The time has come to refund all the duties,” said Judge Richard Eaton on Tuesday, adding that the delay is leading to a “growing inequity” between big importers and small businesses.The judge did not issue any new order but noted that the government’s recent decision to challenge his earlier directive to refund “any and all” tariffs collected under the 1977 International Emergency Economic Powers Act (IEEPA) is resulting in delays.