WASHINGTON — The Trump administration launched a major refund program Monday for businesses that paid more than $166 billion in tariffs ruled unconstitutional by the Supreme Court, opening an online portal that allows importers and customs brokers to begin claiming reimbursements plus interest.

U.S. Customs and Border Protection (CBP) activated the Consolidated Administration and Processing of Entries (CAPE) system on April 20, enabling companies to file claims for duties collected under the International Emergency Economic Powers Act (IEEPA). The Supreme Court struck down key portions of the tariffs in a February ruling, determining the president exceeded his authority.

CBP estimates refunds, including accrued interest, could total up to $166 billion or more. The agency said valid claims will generally be processed within 60 to 90 days, though complex cases may take longer. More than 330,000 importers paid duties on over 53 million shipments during the period in question.

Who Qualifies and How It Works

Only “importers of record” — the businesses or authorized customs brokers that directly paid the tariffs — can file through the CAPE portal. Consumers who paid higher prices for goods due to the tariffs are not eligible for direct refunds. Large retailers like Walmart, Target, Nike and Home Depot stand to recover substantial sums, potentially billions in some cases.

Some parcel carriers, including FedEx and UPS, have indicated they plan to file claims on behalf of customers and pass refunds along where feasible. However, most everyday shoppers are unlikely to see direct money returned to their pockets.

The process requires detailed documentation of entries, payments and supporting evidence. CBP is processing claims in phases, starting with more recent payments. Companies have been urged to register early and ensure their banking information is accurate to speed up payments.

Political and Economic Backdrop

The tariffs were a signature element of Trump’s trade policy aimed at protecting American industries and addressing trade imbalances, particularly with China. The Supreme Court’s February decision was a significant legal setback, forcing the administration to begin unwinding collections while defending other aspects of its trade agenda.

The refund program comes as the administration continues aggressive enforcement on remaining tariffs and immigration-related policies. White House officials framed the refunds as compliance with the court ruling rather than a reversal of policy. “We are following the law while still protecting American workers,” a senior official said.

Economists note that while businesses may recover funds, the original tariffs had already raised costs for consumers through higher prices on imported goods. Whether companies will pass refunds along as price reductions remains uncertain. Some large retailers have signaled they may issue credits or temporary discounts, but there is no legal requirement to do so.

Impact on Businesses and Consumers

For importers, the refunds represent a significant cash infusion that could ease financial pressures and support investment. Smaller businesses, however, may face challenges navigating the claims process and could experience delays. Trade groups have called for streamlined procedures to ensure equitable access.

Consumers are largely sidelined from direct benefits. Advocacy groups and some lawmakers are pushing for broader relief measures, including potential tax credits or stimulus tied to the tariff revenue, but no such proposals have gained traction in Congress yet.

State officials in places like Nevada have demanded portions of the refunds be directed back to residents, highlighting the broad economic ripple effects of the original tariffs.

Longer-Term Implications

The tariff refund saga underscores ongoing tensions in U.S. trade policy. While the administration moves forward with refunds, it continues pursuing alternative tools to address trade imbalances. Legal experts expect further court battles over the scope of presidential authority in trade matters.

For the broader economy, the refunds could provide a short-term boost to corporate balance sheets at a time when businesses face other cost pressures. However, uncertainty around future trade policy may continue to weigh on investment decisions.

As the CAPE system processes claims in phases, businesses are racing to submit documentation while monitoring for any technical issues with the new platform. CBP has pledged ongoing updates and support as the massive repayment operation unfolds.

The launch of tariff refunds marks a significant chapter in the Trump administration’s trade agenda — shifting from collection to repayment on a historic scale. While importers stand to benefit directly, the ultimate impact on American consumers and the broader economy will unfold over the coming months as funds flow back into the system.

WASHINGTON — The Trump administration escalated its immigration enforcement Monday with a series of aggressive executive actions aimed at tightening citizenship rules, challenging aspects of birthright citizenship, expanding denaturalization efforts and cracking down on perceived abuses in the legal immigration system.

Senior White House officials described the measures as necessary to restore “integrity and fairness” to American citizenship, while critics immediately condemned the moves as unconstitutional overreach that could affect millions of legal immigrants and their families.

The centerpiece of the new policy package is Executive Order 14128, which directs federal agencies to prioritize denaturalization cases involving individuals accused of fraud, criminal activity or affiliation with designated terrorist organizations. The Department of Justice and Homeland Security have been instructed to review thousands of naturalization cases from the past 15 years, focusing on applicants from countries flagged for high fraud risk.

A second directive instructs the State Department and USCIS to impose stricter scrutiny on family-based visa petitions, effectively slowing “chain migration” by requiring higher income thresholds and detailed background checks for sponsoring relatives. Officials say the changes will reduce backlogs and prevent exploitation of the system.

The most controversial element involves a directive to the Justice Department to explore legal avenues for limiting automatic citizenship for children of undocumented immigrants born on U.S. soil. While the administration stopped short of directly challenging the 14th Amendment in court, it has tasked a special working group with preparing legislative proposals and testing narrower interpretations in specific cases.

“Restoring the Meaning of Citizenship”

President Trump addressed the new policies during a Rose Garden event Monday afternoon, flanked by border officials and longtime immigration hardliners.

“We are restoring the sacred meaning of American citizenship,” Trump said. “For too long, our system has been abused by people who come here illegally and then demand all the benefits. That ends now.”

White House Deputy Chief of Staff Stephen Miller, a key architect of the policies, told reporters the administration aims to reduce legal immigration by approximately 40% over the next two years while prioritizing skilled workers, English speakers and those who can demonstrate financial self-sufficiency.

Immediate Impacts

Immigration attorneys report an immediate surge in anxious calls from clients. Naturalized citizens from certain countries have expressed fear of retroactive reviews, while families with mixed-status members worry about separation or delays in visa processing.

At a naturalization ceremony in Miami on Monday, several new citizens expressed mixed emotions — gratitude for their status combined with anxiety about the shifting policy landscape. One woman from Venezuela, who became a citizen last year, said she now worries about her elderly parents’ pending family visa application.

USCIS offices across the country have already begun implementing stricter interview protocols and documentation requirements. Processing times for certain family-based categories have lengthened significantly in recent weeks.

Legal and Constitutional Pushback

Civil rights organizations and Democratic lawmakers swiftly condemned the actions. The ACLU announced it would file multiple lawsuits challenging the denaturalization expansion and any attempts to limit birthright citizenship.

“These policies are not only cruel — they are unconstitutional,” said ACLU attorney Lee Gelernt. “The 14th Amendment is clear, and attempts to undermine it through executive fiat will not survive judicial review.”

Several Democratic-led states have signaled they will challenge the measures in court, setting up another round of high-stakes litigation similar to battles seen during Trump’s first term.

Constitutional scholars are divided on the administration’s legal footing. While most agree that broad changes to birthright citizenship would require a constitutional amendment, some conservative legal experts argue narrower rules — such as excluding children of diplomats or temporary visa holders — could survive court challenges.

Political Ramifications

The citizenship crackdown is already energizing Trump’s political base ahead of the 2026 midterms. Polls show strong support among Republican voters for stricter immigration enforcement, with many viewing citizenship as a privilege that must be earned rather than an automatic right.

However, the moves risk alienating moderate voters and business groups that rely on legal immigration for skilled labor. The U.S. Chamber of Commerce issued a cautious statement Monday warning that overly restrictive policies could harm economic growth and innovation.

Democrats have framed the actions as part of a broader “anti-immigrant agenda” designed to appeal to the president’s core supporters. Senate Minority Leader Chuck Schumer called the executive orders “divisive and mean-spirited,” while House Democrats prepare oversight hearings.

Broader Context

The new policies build on Trump’s first-term immigration agenda and campaign promises to enact the “largest deportation operation in American history.” Since taking office in January 2025, the administration has already expanded interior enforcement, increased Border Patrol resources and renegotiated several international migration agreements.

Immigration has consistently ranked as one of the top voter concerns in 2026 polling, particularly in swing districts. The administration’s aggressive approach reflects a belief that strong action on the issue will deliver political dividends despite legal and humanitarian criticism.

Human Stories Behind the Numbers

For millions of legal immigrants and their families, the uncertainty is palpable. In communities across California, Texas, New York and Florida, naturalized citizens report heightened anxiety about their status and fear of being swept up in expanded reviews.

Advocacy groups are documenting cases of long-term residents facing sudden scrutiny over minor discrepancies in old paperwork from decades ago. Immigration attorneys warn of a chilling effect on legal immigration as families delay applications or choose to leave the country.

At the same time, supporters of the crackdown point to specific cases of fraud and criminality that slipped through the system under previous administrations. They argue that restoring credibility to the citizenship process ultimately benefits those who follow the rules.

What Comes Next

The coming weeks will likely see intensified legal battles, congressional hearings and continued public debate. The administration has signaled more executive actions are coming, including potential changes to asylum rules and student visa programs.

For now, the citizenship crackdown represents one of the most significant early domestic policy moves of Trump’s second term. Its success or failure — both in court and at the ballot box — could shape the direction of American immigration policy for years to come.

As courts prepare to weigh in and families across the country adjust to the new reality, the debate over who deserves American citizenship has once again moved to the center of national conversation.

LOS ANGELES — Luka Doncic continues making strong progress in his recovery from a Grade 2 left hamstring strain, with the Los Angeles Lakers optimistic he can return to full strength and play in the Western Conference semifinals if the team advances past the Houston Rockets, multiple team sources confirmed Monday.

The Slovenian superstar, sidelined since April 2, has ramped up his on-court activity in recent days and is showing no setbacks, according to coach JJ Redick and the team’s medical staff. At 25 days post-injury, Doncic is entering the critical phase of his rehabilitation, with a realistic target of being available for Game 1 or Game 2 of the next round.

“We’re very encouraged by where Luka is at,” Redick said after Sunday’s Game 4 win. “He’s doing a lot more on the court now, moving well, and the strength is coming back. We’re not going to rush it, but he’s trending in the right direction.”

Medical experts familiar with Grade 2 hamstring strains say a full return to 100% condition is achievable within the four-to-six-week window for elite athletes, especially with the advanced regenerative treatments Doncic received in Europe shortly after the injury. The partial tear of muscle fibers is healing as expected, and recent imaging has shown positive tissue repair.

Detailed Recovery Timeline

Doncic first felt the injury late in the first half against Oklahoma City on April 2. He attempted to play through it but was removed after grabbing his leg. An MRI confirmed the Grade 2 strain, ruling him out for the remainder of the regular season and the early playoffs.

He traveled overseas for specialized platelet-rich plasma (PRP) therapy and other regenerative treatments before resuming rehab in Los Angeles. The Lakers have taken a conservative approach, prioritizing long-term health over a rushed return that could risk re-injury.

As of Monday, Doncic is performing light basketball drills, change-of-direction work, and controlled sprinting. He has not yet participated in full-contact 5-on-5 scrimmages, but the team expects him to begin that phase within the next week if progress continues. Redick emphasized that any return will require Doncic to pass a series of functional movement tests and be cleared by both team physicians and independent specialists.

Lakers Thriving Without Their Star

Despite Doncic’s absence, the Lakers have dominated the first-round series against Houston, taking a 3-1 lead. LeBron James has delivered vintage playoff performances, while supporting players like Austin Reaves (who is also recovering from an oblique strain), Rui Hachimura and others have stepped up significantly.

The strong play without Doncic has given the organization breathing room. A quick series closeout in Game 5 on Tuesday would provide the 27-year-old with additional recovery time before the conference semifinals. If the series extends, Doncic could still target an early second-round return.

Medical Experts Weigh In

Hamstring injuries are notoriously tricky due to high re-injury rates. Dr. Robert Watkins, a prominent sports spine and orthopedic specialist not affiliated with the Lakers, said a Grade 2 strain in a player of Doncic’s size and explosiveness typically requires 4–6 weeks. “At 25 days, he’s in a good window,” Watkins noted. “If he’s already doing change-of-direction work without pain, that’s a very positive sign for a full recovery.”

The Lakers’ medical team has been praised for its cautious management. Rushing a return could lead to a more severe Grade 3 tear, which often sidelines players for months. Doncic’s history with lower-body issues has made the organization especially diligent.

Doncic’s Mindset and Future Outlook

Those close to Doncic say he is frustrated being sidelined but understands the importance of patience. In a recent social media post, he wrote “Patience is power” alongside a training video, signaling his commitment to a smart return.

At 27 years old and in his prime, a healthy Doncic paired with a still-elite LeBron James creates one of the most dangerous backcourts in the league. The Lakers acquired him in a major trade precisely for moments like a deep playoff run. His playmaking, scoring, and basketball IQ elevate the entire roster when healthy.

What a Return Would Mean

If Doncic returns at or near 100%, the Lakers instantly become serious title contenders. His ability to create for others while scoring efficiently would complement James perfectly. Defensive schemes would also have to account for his size and skill, opening opportunities for teammates.

For now, the focus remains on closing out Houston. A series victory would set up a favorable second-round matchup and give Doncic the best chance to return close to full strength. The organization continues projecting optimism without providing a firm date, maintaining flexibility based on his daily progress.

The hamstring strain has tested the Lakers’ depth and resilience, but it has also highlighted the team’s ability to compete without its star acquisition. As Doncic edges closer to a full return, anticipation builds for the moment he steps back on the court — potentially transforming the Lakers’ postseason outlook.

With careful management and positive signs in his recovery, Luka Doncic appears on track to return at or near 100% condition in the coming weeks, giving Los Angeles fans reason for excitement as the playoffs intensify.

Ligand Pharmaceuticals

LGND

1.22%

increase; green up pointing triangle said it has reached a deal to acquire Xoma XOMA 0.03%increase; green up pointing triangle Royalty, a company that invests in a range of biotech firms, for around $740 million.

The details

Under the terms, Ligand will pay $39 a share in cash for Xoma, a 2.9% premium over the $37.90 closing price on Friday. The deal is expected to close in the third quarter.

The Finance and Leasing Association said it had ‘concerns’ about the FCA’s £9.1bn motor finance compensation scheme but would not challenge it

The Financial Conduct Authority is to move ahead with its £9.1bn motor finance compensation programme after the principal industry body joined leading lenders in ruling out any legal action.

The Finance and Leasing Association (FLA) said it had “concerns” about the initiative but that it was opting not to mount a challenge.

It follows major lenders including Santander, Barclays and Lloyds also accepting the FCA scheme despite voicing concerns that the level of compensation is disproportionate to those who suffered harm.

The FLA, which represents the UK’s motor finance firms, said it had weighed up how the regulator’s scheme would impact its members, their customers and the broader lending market given that it was “unprecedented in scale and scope, and the impact on the UK economy will be significant”.

“We continue to have concerns about aspects of the scheme, but our priority is that a practical solution be reached that ensures timely compensation for consumers while giving the motor finance industry and the wider market clarity and finality on this issue,” FLA chief executive Shanika Amarasekara said.

“For those reasons, we will not be challenging the FCA’s current scheme.”

Compensation is owed on approximately 12.1 million mis-sold agreements from a range of lenders at an average of £829 each, the financial watchdog said in March as it announced plans for its redress scheme. The FCA anticipates the total redress paid under its scheme will reach approximately £7.5 billion, assuming around 75% of eligible consumers submit a claim.

When factoring in the operational costs of administering the scheme, including processing millions of complaints, the overall bill climbs to £9.1 billion.

The FCA expects millions of claims will be settled this year, with the overwhelming majority resolved by the close of 2027.

Reports had suggested the FLA was contemplating mounting a legal challenge against the regulator, which had set Monday as the deadline for any such action.

However, the choice to abandon any opposition clears the way for the scheme to proceed and for individuals to receive compensation.

Leading lenders have similarly chosen to move on from the controversy and accept the FCA’s compensation framework.

Santander stated on Saturday that while the bank held a “disagreement” with certain elements of the scheme, this was outweighed by a “desire to bring greater certainty to our customers, shareholders and the wider motor finance sector”.

Barclays confirmed it would not be contesting the proposals “because we want a swift resolution for consumers” but issued a stark warning regarding its longer-term implications for the UK.

A spokesman said: “However, we disagree strongly with aspects which require financial redress even where customers suffered no demonstrable financial harm.

“This regulatory overreach will, in time, reduce the availability and increase the cost of consumer credit, hurt retail sales and damage consumption and growth in the UK.

“Barclays exited the motor finance market in 2019 and has no plans to re-enter it.”

Lloyds, which operates within the car finance sector through its Black Horse brand, has similarly opted against mounting a legal challenge, despite having set aside nearly £2 billion to compensate affected customers.

Meanwhile, the FCA is braced for pushback from consumer group Consumer Voice, which announced last week that it was gearing up for a legal challenge amid concerns that the scheme in its current form could leave millions of consumers out of pocket by several hundred pounds per claim.

Gary Greenwood, an equity analyst for Shore Capital Markets, noted that while lenders had reservations about how the compensation scheme had been structured, “none appear willing to pursue a formal legal challenge”.

“That contrasts with the position of consumer representatives,” he said, pointing to Consumer Voice’s intentions to pursue legal action.

“Such a challenge could delay the implementation of the scheme and/or the timing of compensation payments for affected customers.

“Whether it ultimately proves strong enough to overturn the scheme remains to be seen; however, were it to do so, lenders could be required to revisit their redress assumptions and associated provision estimates.”

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NEW YORK — Taylor Swift and Travis Kelce have officially sent save-the-date cards confirming their wedding for Friday, July 3, 2026, in New York City, multiple sources with direct knowledge told Page Six and other outlets, putting an end to months of speculation about the timing and location of one of the most anticipated celebrity weddings in recent years.

The power couple, engaged since August 2025, shifted from earlier rumors of a June 13 date in Rhode Island to a patriotic Fourth of July weekend celebration in Manhattan. The July 3 date aligns with America’s 250th anniversary celebrations and gives Kelce time for a honeymoon before reporting to Kansas City Chiefs training camp in late July.

Insiders say the couple deliberately chose New York for its ability to accommodate a larger guest list while leveraging Swift’s deep ties to the city and Tribeca penthouse. Save-the-dates, which began circulating in recent days, emphasize privacy and security with personalized details to prevent leaks. Guests, including close friends like Selena Gomez and Gigi Hadid, reportedly have July 2-4 blocked off.

From June Rumors to July Confirmation

Earlier speculation heavily favored June 13 — Swift’s lucky number — at the Ocean House resort in Watch Hill, Rhode Island, near her waterfront property. However, celebrity wedding planner Tara Guérard publicly debunked that booking, confirming she was handling a different event on that date. The couple ultimately pivoted to New York for logistical reasons and to maintain greater control.

A Page Six report on April 9 first revealed the July 3 shift after save-the-dates went out. The date falls on a Friday, allowing a full holiday weekend celebration and fitting Kelce’s NFL schedule perfectly. Sources describe the wedding as glamorous yet relatively intimate by superstar standards, with around 150-200 guests expected.

High-Security, No-Phone Celebration

The couple is enforcing strict privacy measures. Save-the-dates include guests’ names in the background design so any leaked photos can be traced. A “no phones” policy is expected during the ceremony and reception, a growing trend among high-profile couples seeking to protect intimate moments. Security will be extensive given their combined global fame.

Pre-wedding events are already generating buzz. Kelce is reportedly planning a relaxed bachelor party in the Bahamas with teammates including Patrick Mahomes, while Swift’s bridal events are expected to include her tight-knit circle of friends. No official registry has been announced, with indications the couple may request charitable donations instead of gifts.

A Love Story That Captivated the World

Swift, 36, and Kelce, also 36, first connected in 2023 when the Chiefs tight end attended one of her Eras Tour shows. Their relationship quickly became a cultural phenomenon, blending pop music and NFL audiences in unprecedented ways. Kelce proposed in a garden setting in Lee’s Summit, Missouri, in August 2025, with the couple sharing a joyful Instagram announcement that broke the internet.

Their romance has been marked by public support — Kelce cheering at Swift’s shows and Swift appearing at Arrowhead Stadium — alongside a desire for privacy in their personal life. The wedding marks a major milestone after nearly three years together.

Cultural and Economic Impact

The wedding is poised to be a massive media and economic event. New York City venues capable of hosting such a high-profile celebration are already on high alert. Fashion insiders expect custom designs from top designers, while the guest list will likely mix A-list musicians, athletes, actors and longtime friends.

Economists note that celebrity weddings of this magnitude generate significant tourism and media revenue. The July 3 timing, tied to Independence Day weekend, adds a layer of American symbolism that fits the couple’s public image.

What We Know So Far

While the exact venue remains under wraps — speculation ranges from iconic Manhattan landmarks to private estates — sources describe it as grand yet personal. The couple is working with top planners to balance security, guest experience and their desire for an authentic celebration. No musical performances or surprise elements have been confirmed, though Swifties are already theorizing about possible setlists or special dedications.

Friends say both Swift and Kelce are excited to celebrate with loved ones after busy careers. Kelce’s NFL commitments and Swift’s creative projects have kept them in the spotlight, making this private milestone especially meaningful.

Looking Ahead

As July 3 approaches, more details are expected to emerge — though the couple’s history suggests they will reveal only what they choose. Whether the day includes subtle nods to their love story, high-fashion moments or quiet vows, it promises to be a defining cultural event of 2026.

For now, Swifties and Chiefs Kingdom alike are marking their calendars and buzzing with anticipation. The save-the-dates have made it official: Taylor Swift and Travis Kelce are set to say “I do” on July 3 in New York City, closing one chapter and beginning another in one of modern entertainment’s most beloved romances.