Asos demands £7m from US as firms rush to claim tariff refunds
Tamara Ceaikovski
Online fashion retailer Asos is seeking refunds from the US for the £7m worth of tariffs it paid in the first half of its financial year. In February, the US Supreme Court struck down the so-called "Liberation Day" tariffs Donald Trump imposed last year, saying the president had overstepped his powers, and paving the way for the biggest repayment programme in history. Asos said it had begun the process of pursuing refunds, which businesses have been able to do since Monday when an online portal
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