Democrats Urge Retailers to Pass Tariff Refunds to Public
Fifteen House Democrats have asked CEOs of major retailers and shippers to return potential tariff refunds to customers rather than using funds for stock buybacks. The request follows a court order for the government to return billions in duties collected under previous national emergency trade policies.
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A group of 15 Democratic lawmakers in the United States House of Representatives is calling on major retail and shipping executives to pass potential tariff refunds directly to consumers. The initiative, led by Representative Steven Horsford, follows a Supreme Court ruling in February that struck down broad tariffs previously imposed by former President Donald Trump under national emergency laws.
