Trump administration wants 90-day delay on tariff refund litigation
The Trump administration is asking in a court filing for a 90-day delay in litigation over refunds on billions in tariffs collected under the International Emergency Economic Powers Act.
This move follows a Supreme Court decision last week that said Trump went too far with these tariffs and ordered collections to stop.
Administration might slow things down or only offer partial paybacks
There's about $175 billion at stake—many companies are hoping to get their money back soon.
Lawmakers are pushing for quick, full refunds (especially for small businesses), but the administration might slow things down or only offer partial paybacks.
Treasury Secretary Scott Bessent even called these refunds "the ultimate corporate welfare," hinting this could become a protracted, legally fraught process.
If you're following how big government decisions impact business and jobs, this story's worth keeping an eye on.