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Trump Tariff Refunds Face Legal Hurdle
Description
The Supreme Court blocked Trump’s extra import taxes, triggering a $20B refund wave — but the government’s appeal to halt refunds for all businesses could slow things down. Customs is processing $85B in claims in phases, while giants like Walmart promise to pass savings to customers, and small businesses see refunds as a lifeline. A judge demands faster action, insisting full refunds are the remedy — and he’s set for another hearing to push the government to move faster. With $160B total collected, the legal tug-of-war is tense, but hope remains that this cash will fuel the economy.
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