Businesses Could See Tariff Refunds, but Consumers Likely Won't

What To Know About Tariff Refunds As Trump’s Trade War is Snagged in the Courts

If the courts ultimately find that the president’s trade taxes are illegal, billions could flow back to businesses.

Trump Promises to Refund Companies Who Already Paid Tariffs If Court Rules Them 'Unlawful'

President Donald Trump has pledged to refund U.S. companies that have paid tariffs deemed "unlawful" by the courts.

Tariffs are likely to drive Prime Day purchases

Consumers are looking to stock up on essentials and other goods as fears of tariff-driven price increases loom, according to a recent Tinuiti survey.

Businesses could see tariff refunds, but consumers likely won't

(NewsNation) — As the legal battle over President Donald Trump's tariffs continues, one question is lingering for business owners around the world: What happens to the billions already paid in tariffs? According to the Treasury Department, the government has collected $68.2 billion in tariffs so far — a nearly 80% increase over the same period last year. Much of that cost has already been passed on to consumers through higher prices. Although re…

Will there be a Trump tariff refund?

"If the court's decision is ultimately upheld, importers can get their money back," a former Clinton trade official told Newsweek.

Trump's Tariff Refund Could Cost US $10 Billion With 2% Month-End Rebalance Impact On Equities In Case Of An Appeal: 'Uncertainty Is Back Front And Center' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)

Striking down Donald Trump's tariffs could have a widespread effect on the economy, stock market, and individual companies.