Supreme Court Win Could Refund Arizona's Trump Tariff Costs
7 Articles
7 Articles
Supreme Court win could refund Arizona's Trump tariff costs
PHOENIX (KVOA) - Attorney General Kris Mayes is pushing Congress to pass legislation that mandates the government to provide quick refunds for costs incurred by businesses and consumers due to President Trump's illegal tariffs.
Who should get tariff refunds?
When the U.S. Supreme Court ruled last month that President Donald Trump’s global tariffs were unconstitutional, one of the dissenting justices, Brett Kavanaugh, predicted that the process of issuing refunds would be a mess. He will only be right about that if the government overcomplicates things.
Companies Take Three Approaches to Tariff-Refund Disclosures
The Supreme Court decision nixing tariffs imposed under the International Emergency Economic Powers Act (IEEPA) created an immediate question: who gets the money back? The Court stayed away from that thorny issue, and later rulings from the Court of International Trade have not entirely cleared things up. Consumers, however, have an answer in mind, and you can probably guess what it is…an expectation that refunds should ultimately be returned to…
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