Judicial action is underway on the tariff refund front as the U.S. Court of International Trade ordered Customs and Border Protection to start a refund process after a senior judge ruled all affected importers “are entitled to the benefit” of refunds in response to a pending lawsuit from a single company. The court filings show a new IEEPA tariff estimate of $166 billion collected across 330,000 importers.

Administration officials sent mixed signals in court filings and media comments; however, a filing from Brandon Lord of CPB painted the rosiest picture of the ... Log in to view full article.