The small businesses that brought two high-profile legal challenges to President Trump's trade agenda are suing to block the latest round of tariffs. Why it matters: The lawsuits set up another legal test of Trump's tariff agenda after courts this year rejected one tariff regime and cast doubt on another. What's new: One lawsuit was filed on behalf of Burlap & Barrel, which previously challenged Trump's temporary Section 122 tariffs , and watch retailer Collective Horology. - The other was brought by toymaker Learning Resources — which won a Supreme Court case overturning Trump's tariffs under the International Emergency Economic Powers Act— along with a flooring manufacturer and affiliated firms. Catch up quick: The lawsuits…
The suits were filed Friday: One by Learning Resources, an educational toy company, and the other by New York-based spice retailer Burlap & Barrel and California watch seller Collective Horology.
The administration has started to repay some of the money, but has signaled it may make it harder for certain businesses to claim the full amount they are owed.
Exactly two months after the Supreme Court struck down most of President Trump's tariffs, the U.S. government has set Monday as the day when some companies can begin requesting refunds.
On Monday, an online portal will launch allowing businesses and customs brokers to recover refunds from President Trump’s sweeping tariff policy that the Supreme Court struck down in February. NewsNation’s Rich Bodee explains how it works.
The Trump administration is likely to appeal the move, as it ramps up its attempt to slow or potentially block the repayment of billions in past duties.
Senate Democrats are calling for immediate refunds to their constituents after the Supreme Court struck down most of President Trump’s tariffs. The ruling marks a major shift in the ongoing battle over trade policy, with lawmakers arguing that American families and businesses deserve their money back.