US importers brace for $192 billion tariff refund fight if Trump loses at Supreme Court

US importers brace for $192 billion tariff refund fight if Trump loses at Supreme Court

The Straits Times - Sports·2026-01-09 09:12

WASHINGTON – Company executives, customs brokers and trade lawyers are bracing for a Supreme Court ruling on the legality of President Donald Trump’s sweeping global tariffs – and a potential fight over obtaining perhaps US$150 billion (S$192 billion) in refunds from the US government for duties already paid by importers if he loses.

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