Seven U.S. senators asked the Federal Trade Commission on Monday afternoon to investigate whether large corporations violated federal law by failing to pass on billions of dollars in tariff refunds to consumers. The inquiry follows a March court order requiring Customs and Border Patrol to issue approximately $166 billion in refunds to importers. The dispute highlights whether retailers should reimburse customers after passing along higher import costs through increased prices.
Senators Urge FTC Probe Into Tariff Refunds
Seven Democratic senators asked the FTC to investigate whether corporations that received billions in tariff refunds violated federal law by not passing savings to customers.
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