Trump administration refunds $20B in overturned tariffs after Supreme Court loss
The Trump administration has refunded over $20 billion in tariffs after a Supreme Court ruling deemed the tariffs unconstitutional. The refunds are part of a larger process to return funds to importers affected by the overturned tariffs. Many businesses are still awaiting payments due to incomplete banking information submitted to the government.
- ▪The Supreme Court ruled that President Trump exceeded his authority in imposing tariffs under the International Emergency Economic Powers Act.
- ▪US Customs and Border Protection has processed approximately $20.6 billion in refunds, with more pending.
- ▪Retail giants like Costco, Walmart, and Home Depot are among the companies seeking tariff refunds.
Opening excerpt (first ~120 words) tap to expand
Business Trump administration refunds $20B in overturned tariffs after Supreme Court loss By Ariel Zilber and Lisa Fickenscher Published May 27, 2026, 4:15 p.m. ET See more of our coverage in your search results. Add The New York Post on Google A little over $20 billion in tariff refunds have been paid out to importers after the Supreme Court struck down the centerpiece of President Trump’s aggressive trade agenda earlier this year, according to newly disclosed court filings. US Customs and Border Protection has processed about $20.6 billion in repayments stemming from the historic decision, with another $85 billion in potential and certified refunds in the pipeline, as NBC News first reported.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
Discussion
0 commentsMore from New York Post
