Tariff refund delays could cost U.S. taxpayers $700 million a month in interest, report finds [CBS News]
Bausch + Lomb Corporation Common Shares (BLCO)
Company Research
Source: CBS News
But the U.S. could end up owing considerably more money, according to a new analysis — in interest payments. Research from the Cato Institute, a nonpartisan think tank in Washington, D.C., said that the delay in refunding companies for emergency tariffs invalidated by the high court is costing U.S. importers a total of $700 million per month, or $23 million per day, based on the interest owed on the illegally collected duties. "If you import a good and pay a duty on it that the government assesses was wrong, you get your money back with interest, because that capital was tied up," Scott Lincicome, vice president of general economics at the Cato Institute, told CBS News. The Trump administration had said it would issue refunds if the duties targeting nearly every U.S. trading partner around the world were found unlawful by the Supreme Court. The White House did not immediately respond to a request for comment on Cato's findings. Refund barrier removed The U.S. Court of Appe
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BLCO
News
- 2 Profitable Stocks Worth Investigating and 1 We Ignore [Yahoo! Finance]Yahoo! Finance
- Companies are entitled to Trump tariff refunds, trade court rules [Yahoo! Finance]Yahoo! Finance
- Companies are entitled to refunds for Trump tariffs struck down by Supreme Court, judge rules [CBS News]CBS News
- Bausch + Lomb (BLCO) Reports Record Q4 2025 Financial Results Driven by Strong Pharmaceutical and Vision Care Growth [Yahoo! Finance]Yahoo! Finance
- FedEx customers sue company for tariff refunds. Here's what we know [USA TODAY]USA TODAY
BLCO
Earnings
- 2/18/26 - Miss
BLCO
Sec Filings
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- BLCO's page on the SEC website