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U.S. Firms Face Growing Uncertainty as Government Rejects Refunds on Illegal Tariffs

                      Container ships at APM Terminals at the Port of Los Angeles, California, U.S., March 4, 2026. U.S. Companies Blocked From Recovering Tariffs Ruled Illegal by Supreme Court The U.S. government is refusing to refund billions of dollars in tariffs that the Supreme Court recently declared unlawful, according to reporting from the Financial Times . Customs officials have denied multiple requests from American companies seeking reimbursement for duties imposed under emergency powers used by President Donald Trump.  The Supreme Court’s ruling last month invalidated the tariffs but did not outline a process for issuing refunds, leaving importers in limbo. As a result, businesses are facing mounting uncertainty and are increasingly turning to the courts to resolve disputes. The government had collected more than $130 billion in payments under the now‑invalidated tariff regime, a central pillar of Tru...
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Canadian Housing Market Enters Winter Hibernation: What You Need to Know

 


According to a recent news article, the Canadian Real Estate Association (CREA) has reported that home sales in Canada have slowed down in October, with a 5.6% decline compared to September. The article also mentions that both buyers and sellers appear to be holding off for the time being, with some sellers shelving their plans until next spring.

The causes of the slowdown are attributed to various factors, such as higher interest rates, tighter lending rules, rising home prices, and the impact of the COVID-19 pandemic on the economy and consumer confidence. The article also notes that some regions of British Columbia are starting to see softening in average home prices, while average home price declines are still uncommon throughout most of Canada’s major cities.

Despite the slowdown, the Canadian housing market remains active, with 33,921 homes sold in Canada in October, up 0.9% compared with the same month last year. The national average home price rose 1.8% year-over-year to $656,625.

If you’re planning to buy or sell a home in Canada, it’s advisable to keep an eye on the market trends and consult with a licensed real estate agent or mortgage broker. They can provide you with valuable insights and advice on how to navigate the current market conditions and make informed decisions.


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