Businesses start requests for Trump tariff refunds
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U.S. importers who paid tariffs the Supreme Court ruled illegal are nearing refunds, but shoppers who paid higher prices likely won’t see one.
The Trump administration opened a refund portal Monday for $166 billion in tariff payments—but businesses say new levies already threaten to swallow the windfall.
U.S. importers, such as Walmart and Target, could be in line for billions in tariff refunds as the government launches its claims-filing portal on Monday.
Businesses can apply online through a portal for refunds expected to total $160bn.
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Trump tariffs on pharmaceuticals could spike costs 100% for common meds, including Entresto to Keytruda
New Trump tariffs on pharmaceuticals could double the cost of common prescription drugs, raising prices for medications like Entresto and Keytruda for patients.
Importers of European cheese, a sleeping bag company for infants and a ceramics business are pushing for and against potential new tariffs.
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