Bernd Lange, the chairman of the EU Parliament's Trade Committee, has expressed optimism about the possibility of recovering unjustly imposed US tariffs, citing that over 100 billion euros have been overpaid by German businesses alone. In an interview with Deutschlandfunk, Lange emphasized that these excess tariffs should be refunded, referencing a recent ruling by the US Supreme Court that determined President Trump had overstepped his authority in imposing these tariffs.

The Supreme Court's decision represents a significant blow to Trump's aggressive tariff policy, which has been a focal point of trade relations between the US and Europe. The court's ruling suggests that the imposition of tariffs may not have followed legal protocols, opening the door for affected businesses to seek redress. Lange anticipates that there will be hundreds of thousands of claims filed in response to this ruling, as companies attempt to reclaim the funds lost due to these tariffs.

This situation reflects ongoing tensions in US-EU trade relations and highlights the impact of governmental trade policies on international businesses. With the potential for significant refunds, this could also lead to a restructuring of how tariffs are implemented and challenged in the future, as companies become more aware of their rights to contest such decisions in court.