✓ Restored
TERM 2
December 2025 · 264 days ago
💰 Economy
A three-judge panel of the U.S. Court of International Trade imposed a permanent injunction blocking Trump's 10 percent tariff on nearly all U.S. imports imposed in February 2025 as a replacement for tariffs the Supreme Court had struck down. The ruling invalidates the tariff policy and directly impacts American consumers and businesses by removing the broad import tax. This represents a significant legal defeat for the Trump administration's trade agenda after earlier Supreme Court losses.
✓ Restored
TERM 2
May 11, 2025 · 478 days ago
💰 Economy
Following a court ruling that invalidated President Trump's tariffs, the federal government is preparing to issue refunds totaling $166 billion to businesses and consumers. The U.S. Court of International Trade set May 11 as the expected start date for refund processing by Customs and Border Protection. This represents a reversal of Trump's tariff policy through judicial action.