Trump administration faces first big tariff refund court deadline on Friday | Metals Mine

  • Trump administration faces first big tariff refund court deadline on Friday

    From cnbc.com

    The Trump administration’s Department of Justice is nearing its first big legal deadline in the wake of the U.S. Supreme Court ruling that President Donald Trump’s tariffs issued under the International Emergency Economic Powers Act are illegal. The DOJ needs to weigh in by Friday on one of the first legal fights over refunds in which plaintiffs are asking for expedited payment of tariff refunds through the Court of International Trade (CIT), which has typically handled tariff cases. Trade attorneys have told CNBC there are upwards of 2,000 cases that have been filed by companies suing for tariff refunds at the ... (full story)

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The Fool
Feb 27, 2026 6:07am
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2,000 companies suing for refunds of the tariffs that other countries paid? How can that be?
Polimini
Feb 27, 2026 6:53am
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Quoting The Fool
2,000 companies suing for refunds of the tariffs that other countries paid? How can that be?
Even more hilarious is that the companies in the US paid no tariffs (sure some may have taken a hit and not pass it to consumers partially, but i bet that's a very small minority, and not for the total amount of the tariffs), the consumers did, and the companies will get a refund now.

But to be fair they voted stupid they deserve stupid.
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Dutchy Daxy
Feb 27, 2026 7:47am
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All F$%king liars.
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The Fool
Feb 27, 2026 12:39pm
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Great for the lawyers: >2,000 companies sued the govt b4 the SCOTUS ruling; 100's more have piled on since then. Widely reported that 90% of tariffs have been born by US consumers. Including me. So where is my refund check?
Schultz
Feb 27, 2026 7:37am
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In economics a consideration is the cost of collecting a tax when designing tax policy. This is not insubstantial.

In this situation there is also the cost of refunding. This would be substantial on many levels. Ouch.
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Dutchy Daxy
Feb 27, 2026 7:39am
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Who pays the tariffs Mr Secretairy?

The the eh eh well eh eh eh its a complicated mix....
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Dutchy Daxy
Feb 27, 2026 7:49am
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Dutchy Daxy
Feb 27, 2026 7:57am
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An other liar.
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MorleyFX
Feb 28, 2026 12:31am
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i just want to know when your podophilic president will be tried for his crimes against children
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Kanilaumo
Feb 27, 2026 7:10am
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Quoting The Fool
2,000 companies suing for refunds of the tariffs that other countries paid? How can that be?
The consumer paid for the tariff, not the U.S. importer or the foreign exporter, because all prices were marked up to absorb the tariff. Eventually, the consumer ended up paying a higher price. They claimed a refund, since importers had already paid the U.S. government when the goods were unloaded at the port warehouse but had not yet been distributed to the market.
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HOP92
Feb 27, 2026 12:42pm
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Will Trump one day be summoned to court to answer for the Epstein case??? Or will America attack Iran to make people forget this scandal???
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Trader#10C0
Feb 27, 2026 6:51am
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He is robbing free money from companies retailers and consumers lolzzzzz zzzZZzz
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Trader#A0A6
Feb 27, 2026 7:16am
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Trump administration is choosing between nuking Iran and Israel vs. disclosing all Epstein files.
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