Two companies sue to challenge new tariffs claiming they fall short on revenue

The Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog, estimated the forced-labor tariffs will raise about $900 billion through 2036. Since the Supreme Court struck those tariffs down, the Court of International Trade has been overseeing the refund process. The forced-labor tariffs are the administration's third attempt to impose broad import taxes after courts rejected the first two. The Supreme Court struck down Trump's IEEPA tariffs in a 6-3 ruling Feb. 20. USTR then finalized the Section 301 forced-labor tariffs, which took effect the same day.