Trump tariff lawsuits top 2,000 after Supreme Court loss

JH Kim

Summary

  • After the U.S. Supreme Court deemed President Trump’s tariff measures unlawful, related lawsuits have reportedly surpassed 2,000.
  • Companies including FedEx and L'Oréal are reportedly joining class-action lawsuits seeking tariff refunds for duties already paid, citing the court’s unlawful ruling.
  • The tariffs at issue are estimated at more than $170 billion, but refund eligibility and procedures remain unclear, and actual repayment could take years.

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After the U.S. Supreme Court ruled most tariff measures unlawful, lawsuits surrounding President Donald Trump’s tariff policy have reportedly surpassed 2,000.

According to Walter Bloomberg on the 27th (local time), many small and midsize companies—along with large corporations such as FedEx and L'Oréal—have joined class-action litigation. Companies are seeking refunds of tariffs already paid, citing the unlawful ruling.

The tariffs at issue are estimated at more than $170 billion. However, whether refunds will be granted and the procedures for doing so remain uncertain, and it has been suggested that actual repayment could take years.

As lawsuits surge, pressure on companies to recoup costs is rising, while the administration is also facing expanding fiscal and policy burdens.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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