The administration of President Donald Trump has begun the process of returning over 166 billion dollars collected from import tariffs, following a Supreme Court decision that declared these measures illegal. Affected companies, such as FedEx and Costco, can request refunds of the amounts paid, including interest. The tariffs, which increased costs for American companies, were a central element of Trump's trade policy. Although over 3,000 firms have initiated lawsuits, only those that directly paid the tariffs are eligible for refunds, leaving millions of consumers without compensation. The refund process could take months, and customs officials acknowledge technical difficulties in handling the claims. The economic impact of the refunds is uncertain, and the business environment remains skeptical about the speed of the process. Refunds are seen more as a legal correction than a complete solution to the negative economic effects of the tariff policy.
Sources
Administrația Trump începe rambursarea a peste 166 de miliarde de dolari din tarife, după decizia Curții Supreme
S-a dat startul rambursării tarifelor impuse de Trump. Companiile cer banii înapoi și au depus cereri pentru 127 de miliarde de dolari
Sistemul de rambursare a tarifelor a fost lansat, peste 50.000 de companii au depus cereri
Latest News
15:37
A man from Timiș County stabbed his wife, despite a protection order / Their 13-year-old daughter attacked her father to defend her mother
15:28
Ursula von der Leyen reacted to the destruction of the marine drone by Romania: "This is a hybrid war"
15:28
Were or were not the two marine drones found in the Black Sea loaded with explosives / What the Chief of Staff says
15:27
Samsung will hold a Galaxy event on August 27, where it will present the new Galaxy S26 FE
15:18
A second maritime drone, identified in the Black Sea by the Coast Guard, says Radu Miruță
See more news