The Trump administration is appealing a trade court order that would require the U.S. government to refund tariffs already collected from every importer who paid them, according to BNN Bloomberg.
By appealing, the administration is trying to keep the money already collected in the Treasury while the underlying legality of the tariffs is fought out in higher courts, per BNN Bloomberg.
What to watch: whether the appeal wins a stay that pauses the refund order, and whether the case is headed toward the Supreme Court.