Economy

Local News

Madison Aument

Here’s this week’s rundown of local economics news.

Takeaways from Trump's tough week, as war and gas prices take a toll

Domenico Montanaro

President Trump faces mounting political pressure on multiple fronts, particularly when it comes to his handling of the war and the consequences it's having on the economy.
No lawsuits required: U.S. Customs is working on a system to refund tariffs

Scott Horsley, Alina Selyukh

U.S. Customs told the trade court it aims for a streamlined process in 45 days to return importers' money without requiring individual lawsuits.
Wall Street is betting on tariff refunds after Supreme Court ruling

Vito Emanuel

When the Supreme Court struck down many of President Trump's tariffs, it left importers wondering how long they'd have to wait to get their money back. Hedge funds are offering to help out.
Trump's tariffs likely cost you hundreds of dollars. Will you get a refund?

Stephan Bisaha

After the Supreme Court declared the emergency tariffs illegal, the refund process will be messy and will go to businesses first.