Government Appeals Billion Dollar Refund After Tariff Injunction #
At the U.S. Customs and Border Protection offices, a massive redistribution of capital has hit an administrative wall. Applications for $85 billion in tariff refunds were accepted for processing as of May 22, according to a CBP legal filing. The refunds follow a Supreme Court ruling striking down Donald Trump's baseline 10% import tariffs. However, the federal apparatus is now maneuvering to halt the outflow of these seized funds. Lawyers for the administration filed notice on Friday to block the…