Trump tariffs trashed: US businesses fret as court ruling ‘worryingly silent’ over refunds – The Times of India

Trump tariffs trashed: US businesses fret as court ruling ‘worryingly silent’ over refunds – The Times of India

Thousands of US businesses scored a major victory after the US Supreme Court struck down emergency tariffs imposed by President Donald Trump. However, while companies welcomed the decision, the process of getting refunds worth billions of dollars is expected to be slow and complex.In a landmark ruling with global economic implications, the court said Trump…

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US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin – The Times of India

US Supreme Court ruling: Treasury has enough funds if Trump’s tariffs are struck down; when refunds could begin – The Times of India

If the US Supreme Court rules against President Donald Trump’s emergency tariffs, the treasury has more than enough funds to pay for the tariff refunds, treasury secretary Scott Bessent said. The timeline of payments, however, might extend to weeks or even a year, he told Reuters. In an interview, Bessent said he doubted the court…

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