$166B Tariff Refunds: Business Boost or Bureaucratic Trap?

The Big Idea

Picture this: the U.S. government, after years of tariff wars, suddenly owes businesses $166 billion because the Supreme Court said, 'Nah, those levies were illegal.' On Monday, the Trump administration fired up an online portal to start handing it back. It's a massive cash injection for importers—or at least, that's the pitch. But will the money actually flow before businesses forget what liquidity feels like?

Setting the Scene

Back in the thick of trade tensions, the...