Trump Threatens Companies Not To Seek Tariff Refunds, after Supreme Court Ruled Them Illegal.

About this episode

Donald Trump threatens companies regarding tariff refunds following a Supreme Court ruling against his tariffs.

Donald Trump said he’d remember companies that decline to seek refunds on duties paid after the Supreme Court struck down a large swath of his tariffs. In February, the Supreme Court ruled against Trump’s use of the International Emergency Economic Powers Act to impose so-called “reciprocal” tariffs on imports from nearly every country. That ruling set the stage for a complicated task that could become the largest repayment by the US government in its history. Trump’s comments come a day after US Customs and Border Protection launched a web portal for importers to file requests for refunds that could total more than $160 billion. Yet, the process is still fraught with uncertainty. Independent media has never been more important. Please support this channel by subscribing here: https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g?sub_confirmation=1 Join this channel with a membership for exclusive early access and bonus content: https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g/join Five Minute News is an Evergreen Podcast, covering politics, inequality, health and climate - delivering independent, unbiased and essential news for the US and across the world. Visit us…

People in this episode

Host: Five Minute News

Topics covered

• tariffs
• Supreme Court ruling
• economic policy
• import duties
• government refunds

Keywords

• Trump
• tariff refunds
• Supreme Court
• US Customs
• economic policy
• import duties
• government repayment

Mentioned in this episode

Organizations: Supreme Court, US Customs and Border Protection, Evergreen Podcasts

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