No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 3, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

‘Why shouldn’t we get our money back too?’ Normal people are starting to demand Trump tariff refunds

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 2 mins read
A A
‘Why shouldn’t we get our money back too?’ Normal people are starting to demand Trump tariff refunds
Share on FacebookShare on TwitterShare on LInkedIn



At least two retail customers pursuing tariff-related refunds have filed proposed class-action lawsuits in U.S. courts against companies that also sued to recoup costs from the import taxes the U.S. Supreme Court ruled President Donald Trump imposed without the legal authority to do so.

The federal court lawsuits brought against delivery company FedEx and French eyewear company EssilorLuxottica, which makes Ray-Ban sunglasses, seek to ensure that consumers get a share of any refunds the businesses get. More than 1,000 companies, including large corporations like Revlon and Costco, filed suit in the U.S. Court of International Trade to preserve their right to reimbursement.

On Feb. 20, The Supreme Court invalidated tariffs implemented under the International Emergency Economic Powers Act, or IEEPA, worth an estimated $130 billion to $175 billion.

A refund process either through the U.S. Court of International Trade or the U.S. Customs and Border Protection is set to be worked out in coming days or months as a bevy of lawsuits and claims work their way through government systems. Companies have been filing lawsuits protectively to ensure they receive refunds.

FedEx said in a statement on Thursday that it would return any tariff refund it might get to shippers and customers who had paid them. The complaint filed against FedEx on Friday by Matthew Reiser of Miami states the company’s pledge “creates no legally enforceable obligation and is expressly contingent on future government and court guidance that may never materialize.”

Reiser claims he paid $36 in tariffs and customs brokerage and duty advancement fees on tennis shoes shipped via FedEx by Tennis Warehouse Europe, an online retailer based in Schutterwald, Germany.

FedEx did not immediately respond to a request for comment.

In a separate proposed class action filed this week, Nathan Ward of New York states that he purchased Ray-Ban sunglasses from ray-ban.com in August 2025 that were priced higher than in the past, reflecting a tariff surcharge.

“Despite seeking an order entitling it to a refund of the duties collected as a result of the subject tariffs, EssilorLuxottica continues to collect and has not refunded the tariff surcharges it collected from consumers,” the complaint states.

EssilorLuxottica also did not respond to a request for comment.

Barry Appleton, co-director of the Center for International Law at New York Law School, said he expected many more such consumer lawsuits to surface, especially against companies that issued invoices or receipts with itemized tariff charges. The legal viability of the cases is not clear-cut but they put pressure on businesses to share any tax refunds they manage to secure, he said.

“What we are watching is the predictable next chapter of the IEEPA story,” Appleton said. “The Supreme Court told the White House it overreached, the major importers lined up for refunds, and now ordinary consumers are asking the obvious question — if those duties were illegal, why shouldn’t we get our money back too?”



Source link

Tags: demandMoneynormalpeoplerefundsShouldntstartingTariffTrump
ShareTweetShare
Previous Post

The woman who organized every Christmas, remembered every birthday, packed every school lunch, and drove every carpool is now eating dinner alone at 5:30 PM watching the news—and her phone only rings when someone needs something

Next Post

Seized Crypto Stolen As South Korea’s Tax Authority Leaks Private Key

Related Posts

edit post
The Left Tries to Paint America 250 in the Blues

The Left Tries to Paint America 250 in the Blues

by TheAdviserMagazine
July 3, 2026
0

As millions of Americans prepare to celebrate 250 years of this great nation, there are others who are in a...

edit post
Fiserv, service station operators including BP warn US stores on illegal vapes

Fiserv, service station operators including BP warn US stores on illegal vapes

by TheAdviserMagazine
July 3, 2026
0

By Emma Rumney LONDON, July 3 (Reuters) - Payments platform Fiserv and service station operators including BP have warned their...

edit post
‘It’s just his AI and my AI going back and forth’: how ‘social offloading’ erodes work relationships

‘It’s just his AI and my AI going back and forth’: how ‘social offloading’ erodes work relationships

by TheAdviserMagazine
July 3, 2026
0

Stop if you’ve heard this one before: An employee received a message from her boss and didn’t quite understand its...

edit post
The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

The greatest startup in history: What we can learn from America’s founders at today’s AI frontier

by TheAdviserMagazine
July 3, 2026
0

Two hundred and fifty years ago, a group of founders gathered in Philadelphia with quill pens, ink, and parchment to...

edit post
Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani

Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani

by TheAdviserMagazine
July 3, 2026
0

After nearly two years of relentless underperformance, India's information technology sector could finally be approaching an inflection point. While concerns...

edit post
Inside the mind of Kevin Warsh, as told by Condoleezza Rice, Jerry Yang and Donald Kohn

Inside the mind of Kevin Warsh, as told by Condoleezza Rice, Jerry Yang and Donald Kohn

by TheAdviserMagazine
July 3, 2026
0

The first time former Secretary of State Condoleezza Rice encountered Kevin Warsh was in the 1980s when she was an...

Next Post
edit post
Seized Crypto Stolen As South Korea’s Tax Authority Leaks Private Key

Seized Crypto Stolen As South Korea’s Tax Authority Leaks Private Key

edit post
The Overlooked Link Between Social Security COLA and Medicare IRMAA Brackets

The Overlooked Link Between Social Security COLA and Medicare IRMAA Brackets

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

June 15, 2026
edit post
The Next Independence Movement Has Already Begun

The Next Independence Movement Has Already Begun

0
edit post
‘It’s just his AI and my AI going back and forth’: how ‘social offloading’ erodes work relationships

‘It’s just his AI and my AI going back and forth’: how ‘social offloading’ erodes work relationships

0
edit post
Binance Faces £150M UK Lawsuit From 1,692 Retail Derivatives Traders

Binance Faces £150M UK Lawsuit From 1,692 Retail Derivatives Traders

0
edit post
Boston’s ,000 Property Tax Break: Who Qualifies After Age 65?

Boston’s $1,000 Property Tax Break: Who Qualifies After Age 65?

0
edit post
The Rise of the “Claude Cowboy” in RevOps The Rise of the Claude Cowboy: How AI Is Reshaping RevOps

The Rise of the “Claude Cowboy” in RevOps The Rise of the Claude Cowboy: How AI Is Reshaping RevOps

0
edit post
Weekend Reading For Financial Planners (July 4–5)

Weekend Reading For Financial Planners (July 4–5)

0
edit post
Boston’s ,000 Property Tax Break: Who Qualifies After Age 65?

Boston’s $1,000 Property Tax Break: Who Qualifies After Age 65?

July 3, 2026
edit post
Weekend Reading For Financial Planners (July 4–5)

Weekend Reading For Financial Planners (July 4–5)

July 3, 2026
edit post
Friday File: Halfway Through! – Stock GumshoeStock Gumshoe

Friday File: Halfway Through! – Stock GumshoeStock Gumshoe

July 3, 2026
edit post
The Next Independence Movement Has Already Begun

The Next Independence Movement Has Already Begun

July 3, 2026
edit post
The Left Tries to Paint America 250 in the Blues

The Left Tries to Paint America 250 in the Blues

July 3, 2026
edit post
Fiserv, service station operators including BP warn US stores on illegal vapes

Fiserv, service station operators including BP warn US stores on illegal vapes

July 3, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Boston’s $1,000 Property Tax Break: Who Qualifies After Age 65?
  • Weekend Reading For Financial Planners (July 4–5)
  • Friday File: Halfway Through! – Stock GumshoeStock Gumshoe
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.