On April 30, a document from the U.S. International Trade Court indicated that the first refunds for tariffs imposed by the Trump administration under the International Emergency Economic Powers Act will be issued around May 11. The U.S. Supreme Court announced a ruling on February 20, stating that the International Emergency Economic Powers Act does not authorize the president to impose large-scale tariffs. A ruling by a U.S. International Trade Court judge on March 4 ordered Customs and Border Protection not to impose tariffs based on the International Emergency Economic Powers Act during tariff liquidation. This means that tariffs previously imposed under this law must be refunded. (Dongxin News Agency)
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First Refunds from 'Trump Tariffs' to Be Issued Around May 11
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