US government appeals against judgeโs order for Trump tariff refunds
The Trump administration on Tuesday formally appealed against a judgeโs order for refunds of the US presidentโs global tariffs after they were struck down by the Supreme Court earlier this year. At stake is some US$166 billion in revenue. A refunds system handled by US Customs and Border Protection (CBP) has already begun to process repayments. Last month, the CBP said in a court filing that it was on track to process about US$85 billion in repayments, with US$20.6 billion approved for...