Tariff refund delays could cost U.S. $700 million a month in interest
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
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The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
FedEx said it will reimburse customers if the Trump administration provides refunds following a Supreme Court ruling that struck down emergency tariffs.
FedEx sued the Trump administration over its tariffs on Monday, asking for a "full refund" of all payments it made to the government under a set of tariff policies that were ruled illegal by the Supreme Court.
The Trump administration is unlikely to back down from pursuing additional tariffs following the Supreme Court decision, according to trade experts.
The Supreme Court on Friday ruled President Trump does not have the authority to unilaterally impose sweeping tariffs under a federal emergency powers law.
The measure's passage is largely symbolic as it's likely to be vetoed by the president if it survives a Senate vote.
A Canadian airline suspends flights to Cuba as U.S sanctions and Trump's tariff threats force Havana to warn carriers there's no way to refuel on the island.
Taming runaway U.S. beef prices will require more than stepping up imports, economists said. Here's the key to cutting costs.
President Trump is hiking tariffs on imports from South Korea, saying its government has reneged on an agreement to approve a bilateral trade deal.
The chief investment officer of AkademikerPension said the decision was not directly related to the rift between the U.S. and Greenland.
Canada's Prime Minister Mark Carney said China has become a more predictable partner to deal with than the U.S., the country's neighbor and longtime ally.
The U.S. trade deficit unexpectedly narrowed in October amid declines in imports of pharmaceuticals and gold.
The U.S. Trade Representative said tariffs on Chinese semiconductors, now at zero, are set to increase in June 2027.
Economic growth blew past forecasts in the third quarter despite ongoing concerns about jobs, tariffs and inflation.
The main distillery will be closed for site enhancements, the company said. The pause comes after whiskey production has dropped amid a challenging year.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The price of imported plastic Christmas trees is up, the majority of which are made in Asia and subject to tariffs introduced by President Trump earlier this year.
President Trump is expanding the list of foods imported from Brazil that will not be subject to levies.
President Trump floated the idea of tapping his administration's tariff revenue to send checks to most Americans.
President Trump exempted foods like beef and bananas from his sweeping country-by-country tariffs on Friday.
The Trump administration is considering a new import duty on 13 of Italy's largest pasta exporters, including Barilla and La Molisana.
Trade experts expect some U.S. tariffs to remain elevated even if the Supreme Court strikes down President Trump's IEEPA levies.
The Supreme Court heard arguments Wednesday over whether a federal emergency powers law authorizes President Trump's most sweeping tariffs.
Chicago-area toymaker Rick Woldenberg sued Trump over tariffs in a landmark case heard by the Supreme Court Wednesday.
Watch as President Trump discusses testing nuclear weapons, U.S.-China relations, Israel, the government shutdown, immigration, tariffs, and whether he'll try to stay in the White House beyond 2028.
A student has been arrested and accused of bringing a gun to Arapahoe Ridge High School in Boulder.
Early Thursday morning, fire crews in Westminster rushed to a burning apartment building.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
A contentious fight over fur stole the show at day one of the Colorado Parks and Wildlife March commission meeting.
A student has been arrested and accused of bringing a gun to Arapahoe Ridge High School in Boulder.
Early Thursday morning, fire crews in Westminster rushed to a burning apartment building.
A contentious fight over fur stole the show at day one of the Colorado Parks and Wildlife March commission meeting.
Joe Trussel and Vanessa Diaz went before Colorado state lawmakers and recalled their darkest day -- the day their daughter Megan disappeared from her dorm at the University of Colorado Boulder.
An Iranian man in Colorado says he regrets voting for the 1970s change in government that led to decades of brutality.
Watch meteorologist Callie Zanandrie's forecast.
Early Thursday morning, fire crews in Westminster rushed to a burning apartment building.
Denver Restaurant Week kicks off March 6 with great dining options like Former Saint Craft Kitchen and Taps.
Immigrant rights groups claim detainees at Aurora's GEO ICE detention center are going hungry and are mistreated.
A hunting dog is recovering after he survived a fire at a kennel north of Colorado Springs.
The Colorado Avalanche have acquired defenseman Nick Blankenburg in a trade with the Nashville Predators, the hockey team announced.
NBA Hall of Famer Chauncey Billups and former player Damon Jones are among 31 people charged in the federal case. They have pleaded not guilty.
Holtz coached Notre Dame from 1986 to 1996, winning 100 games with the school, including a 12-0 national title-winning season in 1988.
Olympic City's newest celebrities are back home in Colorado with new hardware. Just weeks after competing at the Games, Ellie Kam and Danny O'Shea are already back on the ice and others at the rink are eager to see them.
The University of Colorado community is mourning the death of quarterback Dominiq Ponder, who was killed in a car crash. Monday was supposed to mark the start of spring football practice.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
NBA Hall of Famer Chauncey Billups and former player Damon Jones are among 31 people charged in the federal case. They have pleaded not guilty.
GOP leaders said the lack of long-term funding for the Department of Homeland Security puts the nation at risk amid heightened threats.
Joe Trussel and Vanessa Diaz went before Colorado state lawmakers and recalled their darkest day -- the day their daughter Megan disappeared from her dorm at the University of Colorado Boulder.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Colorado Gov. Jared Polis said that he intends to review the clemency case for Tina Peters, the former Mesa County clerk who was convicted of multiple charges related to election interference in the 2020 presidential election.
Although Sean Plankey's access badge was taken and he was escorted out of Coast Guard headquarters Monday, he remains the nominee to lead the Cybersecurity and Infrastructure Security Agency, sources said.
State and local health officials declared a measles outbreak in Adams County on Wednesday after a third person connected to Broomfield High School contracted the illness.
After two unvaccinated students at Broomfield High School were reported to have measles, the Boulder Valley School District says out of 1,669 students, 26 are on their exclusion list and not allowed to attend class.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
The Colorado Department of Public Health and Environment and Adams County Health Department confirmed a new case of measles on Monday and are warning Broomfield and Westminster residents about possible exposure.
Elon Musk reached a deal to buy Twitter in April 2022. On May 13, 2022, he declared his plan "temporarily on hold" over the number of spam and fake accounts on the platform. Twitter's stock tumbled as a result.
A federal court in New York ruled Wednesday that businesses that paid emergency tariffs invalidated by the Supreme Court are eligible for refunds.
Oregon food manufacturer Ajinomoto expands an earlier recall of frozen and ready-to-eat products over glass contamination.
Google is accused in a wrongful death lawsuit filed by the family of a man who committed suicide in October, allegedly at the direction of the tech giant's AI chatbot, Gemini.
The U.S. government must also reimburse businesses for the interest they paid on tariffs recently struck down by the Supreme Court, according to the Cato Institute.
A CBS Colorado investigation has learned the City of Denver has spent $110,000 on a 14-month investigation of Denver Police Division Chief Magen Dodge, but is refusing to release the completed investigation, which was finalized three months ago.
A Colorado family is calling for change and sharing their struggle after a clinical trial their son relied on suddenly ended.
The case of a police officer who allegedly fled after off-duty road rage incident that ended in crash on I-25 is highlighting the hiring pressures small departments in Colorado face.
A popular youth hockey coach in southern Colorado has been arrested for investigation of felony child abuse after colliding on the ice with one of his players in a case that one of the coach's supporters called a "terrifying precedent for youth sports across the country."
A Denver judge this week ordered an area pastor, Tilo Lopez, to pay a family $311,000 in restitution after Lopez was criminally prosecuted in connection with a construction project he said he would do for the family.