What's Happening
The Trump administration is under pressure as lawsuits mount over the refund process for tariffs that the Supreme Court recently invalidated. Retail customers have filed class-action suits against companies like FedEx and Oakley.
Market Impact
Legal uncertainties surrounding tariff refunds could affect the financial outlook of involved companies, potentially impacting their stock prices.
Broader Implications
This situation highlights ongoing tensions in U.S. trade policy and the potential for prolonged legal battles affecting international commerce.