Tracking Trump's Tariffs and Turbulent Trade Talks

[searcher]

 

[searcher]

Forbes

Could you join a Trump tariff class-action suit? Here’s what’s been filed​

Consumers are increasingly bringing class action lawsuits against companies that raised their prices in response to President Donald Trump’s tariffs and are now seeking refunds after the tariffs were declared unlawful, potentially becoming a key way for Americans who suffered from tariff-related price increases to get some of their money back.

The Supreme Court ruled in February that Trump’s tariffs imposed under the International Emergency Economic Powers Act, or IEEPA, are unlawful, paving the way for thousands of companies to get the amount they paid in IEEPA tariffs refunded.

Read it all:

https://www.msn.com/en-us/money/mar...hat-s-been-filed/ar-AA1YzKNs?ocid=socialshare

 

[Casey Jones]

Costco sued by customer over tariff refund​

Costco Wholesale is being sued by a shopper looking to get his tariff costs back.

A lawsuit filed Wednesday in an Illinois federal court alleges that Costco owes its customers refunds related to tariffs deemed unlawful by the Supreme Court last month. The suit is seeking class-action status on behalf of Costco shoppers nationwide.

Costco increased product prices to offset the cost of tariffs, but it hasn’t promised shoppers a refund, said the lawsuit filed on behalf of Matthew Stockov, a Costco member who lives in Illinois. Shoppers won’t get a government refund directly, because they are not the importer of record, said the lawsuit. “The truly injured parties possess no direct avenue for redress,” alleged the lawsuit, which asks Costco for a refund on price increases related to tariffs, plus interest.

More:

https://www.msn.com/en-us/money/com...er-tariff-refund/ar-AA1YqPM2?ocid=socialshare

He wants attention, and the co-opted, grifted, TDS mediuh (lookit the source here) gave it to him.

Something like that takes years to work through the courts. Once there is an ORDER...it would take months, and require specific receipts, to get the refund processed. And no, not everything had those stupid tariffs on them.

Typically, an outfit like Costco would offer a partial blanket settlement to make the claim go away. Since Costco charges an annual membership fee, they'll probably give anyone who could produce receipts, a couple years of free renewal.

It's a reasonable compromise to a logistical nightmare. A good law firm should be able to get the case bounced, if the litigant does not accept a settlement. It's more than I got when Verizon was in a class-action overcharge suit; and more than I got even when the realtor who sold my Ohio house, got busted by the state for violating commission laws.

In one case I got a discount ticket for a new phone - and I was eight years away from Verizon anyway. The other case, my membership in the "class" just disappeared.

 

[searcher]

The remaining questions after the Supreme Court’s tariffs ruling

Last month, the Supreme Court ruled that the International Emergency Economic Powers Act, a 1977 law giving the president the power to regulate commerce during national emergencies created by foreign […]

www.scotusblog.com

 

[searcher]

Congressional proposals provide framework for consumer tariff refunds​

Two recent legislative proposals aim to put hundreds-if not thousands-of dollars back in shoppers' pockets in the form of tariff refunds or rebates.

The American Consumer Tariff Rebate Act of 2026 (H.R. 7865), introduced last week by Rep. Henry Cuellar (D-Tex.), would provide direct payments worth about $231.35 billion-the amount the Congressional Budget Office estimates shoppers have paid in tariffs-to American taxpayers to offset the continually rising costs associated with President Donald Trump's tariff regime.

More:

https://www.msn.com/en-us/money/mar...r-tariff-refunds/ar-AA1YPYT8?ocid=socialshare

 

[searcher]

• President Donald Trump said Supreme Court Justices Neil Gorsuch and Amy Coney Barrett “sicken me” for voting to rule that his IEEPA tariffs were illegal.
• Trump said that Gorsuch and Barrett are “bad for our country” in a speech at the National Republican Congressional Committee dinner in Washington, D.C.
• The president fumed that the Supreme Court did not let the U.S. government off the hook from having to refund up to $165 billion in tariffs collected until the decision was issued on Feb. 20.

More:

Trump says Justices Barrett, Gorsuch ‘sicken me’ after Supreme Court tariff ruling

The Supreme Court, in a 6-3 ruling, said President Trump did not have authority under the International Emergency Economic Powers Act to impose tariffs.

www.cnbc.com