US Trade Court Orders Refunds for Tariffs Invalidated by Supreme Court

A US trade court ruled that companies which paid tariffs imposed under former President Trump's emergency powers are entitled to refunds following the Supreme Court's invalidation of those tariffs. Judge Richard Eaton ordered US Customs and Border Protection to begin issuing refunds, potentially totaling up to $175 billion. The ruling centralizes refund claims under Eaton's oversight, though the refund process timeline and details remain uncertain. The decision marks a significant legal setback for the Trump administration's trade policy.