More than $130bn (€111bn) in tariffs and by some estimates as much as $175bn (€150bn) could now be at stake after a US appeals court moved to fast-track the question of refunds following the Supreme Court’s landmark ruling against President Donald Trump’s trade measures.
In a concise one-page order on Monday, the US Court of Appeals for the Federal Circuit in Washington remanded the matter immediately to the US Court of International Trade (CIT), rejecting the Justice Department’s request for a delay of up to four months to allow the administration time to weigh its options.
