What happened: A US trade court has ruled that businesses can receive refunds for tariffs previously imposed but later struck down by the Supreme Court.
Why it matters:
- Businesses affected by the tariffs may recover costs, improving their financial positions.
- This decision marks a legal setback for the Trump administration's trade policies.
MNN Take: The ruling follows the Supreme Court's rejection of certain tariffs, enabling companies to reclaim payments made under those tariffs.
Sources: BBC US & Canada