Companies in the United States that paid tariffs invalidated by the Supreme Court in February are legally entitled to refunds, a federal judge has ruled, marking another setback for the tariff policy introduced by US President Donald Trump.
The landmark 6-3 ruling by the US Supreme Court striking down emergency tariffs has sent ripples through the global trade community. While the ruling curtails executive power, the immediate introduction of a 10 per cent uniform levy under Section 122 has drawn sharp reactions from trade, leg