Episode Details

U.S. businesses receive significant refunds from tariffs, totaling $166 billion, with another $25 billion potentially on the way. The Supreme Courts decision to kill off Trumps universal tariffs has led to the first payments this week. A new court ruling has paused a ten percent global tariff, giving businesses cautious hope for more refunds. Big players like General Motors, Walmart, and Target stand to gain millions, while smaller firms face challenges due to red tape. Customs and Border Protection is processing claims quickly, with 75,000 businesses already in line. The case may head to higher courts, keeping businesses paying tariffs but holding onto refund rights.

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