Mar 5
Trade court directs customs to repay importers with interest after supreme court ruled tariffs unlawful
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Trade court directs customs to repay importers with interest after supreme court ruled tariffs unlawful
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Consumers have been hearing for months that tariffs were fueling higher prices. Companies blamed import costs for raising prices, and countless companies told investors tariffs would crush margins. Recent earnings reports are painting a different picture. Companies have received hundreds of millions of dollars back in tariff refunds or cuts, and reported healthy profits – some of which have hiked…