`The Process Works:’ Tariff Refunds Slow, But Money Is Being Paid Back to American Buyers

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When Matt Dorman spent 3,240,000 guineas on eight yearling fillies at last year's Tattersalls October Book 1, he pretty much accepted that he'd never again see the 10-15% tariffs he paid on the horses again. The tariffs, a result of Donald Trump's invocation of the International Emergency Economic Powers Act (IEEPA) to implement taxes on

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