Administration replaces voided tariffs with 10–25% duties; importers seek refunds as costs rise

- After the Supreme Court voided prior tariffs, the administration moved to new 10–25% tariffs using alternate authority and started processing refunds to importers. - Reports estimate roughly $166–200 billion in refunds already issued and analysts say new tariffs push costs higher, with energy and steel cited as sectors raising inflation by ~1.7% in modeling. - Studies referenced in coverage argue consumers shoulder over 90% of tariff cost increases, affecting retail and industrial buyers. (x.com 1) (x.com 2)