Judge slaps Trump admin with huge interest for unpaid tariff refunds: 'Clock is ticking' [View all]
A judge has ruled on a firm date for Donald Trump's administration to refund companies affected by tariffs shot down last month by the Supreme Court.
— Raw Story (@rawstory.com) 2026-03-09T16:40:43.461Z
https://www.rawstory.com/trump-tariffs-2675907921
A judge has ruled on a firm date for Donald Trump's administration to refund companies affected by tariffs shot down last month by the Supreme Court.
Judge Richard Eaton of the U.S. Court of International Trade says the president's team must issue an update on the processing of refunds by March 12. A further processing deadline is set for April 20, The Hill reported. An immediate compliance order has also been issued by Eaton, who says taxpayers will feel the burden by the end of the year should the admin not fulfil its refund obligations.
Eaton said, "These duties must now be refunded with interest, and the clock is ticking. Further interest is accumulating every day, with approximately $650 million accruing per month.