If Trump's biggest tariffs get thrown out, companies could get a refund - but not consumers
President Donald Trump likes to boast about how much money the U.S. Treasury is raking in from the massive taxes – tariffs -- he’s slapped this year on imports from almost every country in the world. But two courts have now ruled that his biggest and boldest import taxes are illegal.
Developments in this update
If Trump loses his tariff lawsuit, America may have to refund businesses more than $200 billion
- Newest
If Trump's biggest tariffs get thrown out, companies could get a refund - but not consumers
Reports & sources
Fortune
CNN
Fox32 Chicago
Here's who would get refunds if Trump's tariffs get thrown out (opens Fox32 Chicago)Fox32 Chicago's feed description
WHEC Rochester
If Trump's biggest tariffs get thrown out, companies could get a refund - but not consumers (opens WHEC Rochester)WHEC Rochester's feed description
Fortune
Seattle Times
If Trump’s biggest tariffs get thrown out, companies could get a refund – but not consumers (opens Seattle Times)Seattle Times's feed description