Trump Administration's Bid To Stall Tariff Refunds Rejected By Federal Court - Costco Wholesale (NASDAQ:COST), FedEx (NYSE:FDX)
FedExFedEx(US:FDX) Benzinga·2026-03-03 07:35

Core Viewpoint - A federal court has denied the Trump administration's request to delay the refund of billions of dollars in tariffs, allowing the U.S. Court of International Trade to begin the process of providing relief to small businesses that contested the tariffs [1][3]. Group 1 - The U.S. Court of International Trade is now authorized to formulate relief for small businesses affected by President Trump's global tariffs [1]. - Neal Katyal, representing the small businesses, stated that his team will proceed immediately to secure the refunds owed to Americans [2]. - The Supreme Court recently invalidated $133 billion in tariffs imposed under the International Emergency Economic Powers Act, but did not address the issue of refunds [3].

Trump Administration's Bid To Stall Tariff Refunds Rejected By Federal Court - Costco Wholesale (NASDAQ:COST), FedEx (NYSE:FDX) - Reportify