Source: United States & Canada – South China Morning PostThe Trump administration on Tuesday formally appealed against a judge’s order for refunds of the US president’s global tariffs after they were struck down by the Supreme Court earlier this year.
At stake is some US$166 billion in revenue. A refunds system handled by US Customs and Border Protection (CBP) has already begun to process repayments.
Last month, the CBP said in a court filing that it was on track to process about US$85 billion in repayments, with US$20.6 billion approved for…Read More