00:00A massive financial shock just hit the U.S. government.
00:03And thousands of businesses are about to get their money back.
00:06A federal trade court has now ordered Customs and Border Protection
00:09to refund tariffs that were struck down by the Supreme Court.
00:13These were the tariffs introduced by President Donald Trump
00:16under emergency economic powers.
00:19And now the judge says every importer who paid them deserves a refund.
00:23This ruling came from a case brought by Atmos Filtration in Tennessee.
00:27But the judge made it clear.
00:28He will oversee all refund cases.
00:31And that opens the door for thousands of companies.
00:34The Trump administration is not celebrating.
00:37It had collected an estimated $130 billion from these tariffs.
00:41And now businesses from small manufacturers to giants like FedEx want full refunds.
00:46While refunds remain uncertain.
00:48The administration is already pushing a new plan.
00:51A global tariff.
00:52Likely rising to 15%.
00:54A move that could reshape U.S. trade again.
00:57Small businesses are calling this a victory.
00:59But big questions remain about the future of America's import taxes.
01:03So what's going on?
01:03We'll see you next time.
01:03We'll see you next time.
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