S. Supreme Court last week, according to a report by The Wall Street Journal. The tariffs were originally imposed by former President Donald Trump in what was described as a 'tariff shock' on April 2, 2025.
New claims for refunds are reportedly being filed daily. S. Customs and Border Protection data.
The flood of lawsuits is being processed in a specialized federal court for international trade based in New York. Meanwhile, on Wall Street, the price of potential refund claims from the overturned tariffs has reportedly doubled in recent days from 20 cents to around 40 cents per dollar, as investors position themselves to act as collection agencies for these claims.