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Maroc Maroc - WN.COM - Business - 20/Feb 19:25

Tariff ruling kicks off fight over $170 billion in refunds

By Isabel Gottlieb, Laura Curtis, Zoe Tillman and Jaewon Kang | Bloomberg The status of tariff refunds for companies was left unresolved by Friday’s Supreme Court decision, kicking off what could be a prolonged battle for importers and retailers to try to recoup as much as $170 billion in tariffs they’ve already paid to the US government. The top court ruled Friday that President Donald Trump didn’t have legal authority to impose the duties under an emergency law. Among the major questions left unanswered for US importers are the prospects and the process for recouping the money the government collected over the past year under the International Emergency Economic Powers Act. The vote was...

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thezimbabwemail.com - 21/Feb 23:28

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