Historical Precedent for Tariff Refunds: A Potential Roadmap

The 1998 Supreme Court case striking down a harbor maintenance tax offers a potential roadmap for US government refunds of tariffs. The case resulted in a $750 million refund for thousands of businesses, even those not directly involved. However, the process took nearly two years. Recent tariffs have a ten-month deadline for challenges, with companies like Costco, Revlon, and Kawasaki Motors taking legal action due to anticipated difficulties.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.