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Small Businesses Seek Tariff Refunds After Supreme Court Ruling

Small Businesses Seek Tariff Refunds After Supreme Court Ruling

Tucson News Today | 2 Min Now | The Daily News Now! · The Daily News Now!

March 19, 20261m 56s

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Show Notes

Small businesses across the U.S. are seeking refunds after the Supreme Court deemed President Trumps emergency tariffs illegal. These tariffs, imposed under a 1977 law, cost importers around $166 billion. Companies from coffee roasters to baby product makers paid extra on imports from places like South America, China, and India. The court struck down the tariffs in February, but refund details are still being determined. Nearly 2,000 businesses have sued in the U.S. Court of International Trade, and U.S. Customs and Border Protection collected money from over 330,000 importers. Some businesses, like Arizona coffee roaster Gabe Hagen, paid thousands more per pallet of beans. Others, like Minnesotas Busy Baby, nearly folded due to the increased costs. Customs has a four-step refund process thats 40-80% done, but businesses are waiting and fearing theyll never see the money. The administration is considering new tariffs through other laws and trade probes, and two dozen Democratic-led states have sued over fresh duties announced post-ruling. Small businesses hope pressure from courts and advocates will force quick refunds with interest.

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