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Philips Secures €186M Refund of US Customs Duties
Dutch healthcare tech giant Philips secures €186M US customs duty refund after Supreme Court ruling, boosting Q2 profits and lifting 2026 outlook.
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Dutch healthcare tech giant Philips secures €186M US customs duty refund after Supreme Court ruling, boosting Q2 profits and lifting 2026 outlook.
Trump proposes Section 301 tariffs on 59 countries and the EU over forced labor, while appealing a court order for $166 billion in refunds.
The Trump administration has refunded $20.6 billion in IEEPA tariffs, with $85 billion in total refunds being processed after the Supreme Court ruling.