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The Supreme Court, in a 6-3 ruling, said President Trump did not have authority under the International Emergency Economic Powers Act to impose tariffs.
FedEx and UPS collected brokerage fees to handle Trump's tariffs. Some customers are suing, saying they never should have paid them.
U.S. companies stung by President Donald Trump’s emergency tariffs had hoped for relief when the U.S. Supreme Court ruled in February 2026 in their favor. But settling on a remedy – namely, rebate checks from the government – may be an even bigger headache.
WASHINGTON, March 25 (Reuters) - U.S. President Donald Trump's barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.
Peter Navarro said Wednesday that the Supreme Court striking down the bulk of President Trump’s emergency tariffs imposed under the International Emergency Economic Powers Act (IEEPA) was the “best possible outcome” for the administration.
Consumer watchdogs warn that talk of 'tariff refund' checks is giving scammers yet another reason to text, call or email you with fake promises.
The government acknowledged during the tariffs litigation that it would be on the hook for refunds, with interest, if it lost.
Households experience the financial cost of tariffs differently based on factors such as household size and consumption, economists said.
Passport reports the Supreme Court ruled IEEPA tariffs unconstitutional, opening the door for importers to pursue $166 billion in refunds, though the process is complex.