The Trump administration faced its first major tariff refund legal deadline on Friday

BlockBeats News, February 27th, according to CNBC, the U.S. Department of Justice must respond to a motion by the plaintiff requesting an expedited refund of "illegal tariffs" through the Court of International Trade (CIT) by February 27th (Friday). Trade lawyers stated that more than 2,000 cases from businesses seeking tariff refunds have been filed with the Court of International Trade. The plaintiffs are concerned that the government may seek to delay the refund process.

The Supreme Court ruled last Friday that the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA) were illegal, providing the federal court system with about a month to determine the next steps. (MacroPolo)