Thursday, May 28, 2026

US Refunds $20.6B in Trump-era Tariffs



U.S. Refunds $20.6 Billion in Trump-era Tariffs, after Ccourt Ruling.

Court Overturns Tariffs: The Supreme Court Ruled Trump’s use of the International Emergency Economic Powers Act (IEEPA) for Tariffs Unlawful, Prompting Massive Refunds to Importers.

Billions already Refunded: CBP has Processed $20.6 Billion in Refunds, with $85 billion in Claims Accepted for Processing.

New Tariff still Applies: A 10% Global Tariff under Section 122, remains in Effect for Up-To 150 days, with Congress able to Extend it.










NYC Wins When Everyone Can Vote! Michael H. Drucker


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