US to Begin Refunding $166B in Tariffs After Court Ruling
US to Begin Refunding $166B in Tariffs After Court Ruling
US launches a tariff refund system for $166 billion in duties ruled unconstitutional, covering 330,000 importers on 53 million shipments, with refunds rolled out by CBP.
The U.S. government is rolling out a new system to refund about $166 billion in tariffs that the Supreme Court later ruled unconstitutional, a move aimed at easing the financial hit to importers and businesses that paid the duties. The rollout will be managed by Customs and Border Protection and follows the high court's decision to invalidate key elements of the Trump administration's tariff regime.
More than 330,000 importers paid tariffs on some 53 million shipments, totaling roughly $166 billion, according to the plan announced by federal agencies.
Under the plan, refunds will begin about two months after the ruling, as the new system is deployed and eligible claims are processed.
Several major companies — including FedEx and Costco — have pledged to compensate customers who were charged duties, adding to the relief effort.
Officials say the refunds will cover tariffs that were deemed unconstitutional, and the move is designed to provide clarity for importers navigating a changed trade landscape.
