refunds
7 briefs
The Courts Have Now Killed Two Different Tariff Regimes. Trump Keeps Building New Ones.
The first $166B in IEEPA refunds arrive today. Last week a trade court struck down the 10% replacement tariff. The administration's legal theory for unilateral trade authority is running out of runways.
$175 Billion in Tariff Refunds Are Starting to Flow. The Fight Over Who Gets Them Is Just Beginning.
Large multinationals have customs teams ready. Small importers are still figuring out the portal. The money goes to whoever filed correctly, not to whoever paid the most.
Consumers Paid the Tariffs. Businesses Get the Refunds.
The Supreme Court struck down $166 billion in tariffs as unconstitutional. The refund portal opened Monday. Almost none of that money flows back to the households that actually bore the cost.
The Government Is Mailing $166 Billion Back to Importers. Consumers Who Paid the Tariffs Get Nothing.
The refund portal is live. Only the companies that wrote the checks to Customs can claim. The people who actually absorbed the cost in higher prices are legally invisible.
The $127 Billion Refund Nobody Will Receive
The Supreme Court struck down Trump's IEEPA tariffs. Starting April 20, companies can apply for refunds. Most will not get them. Trump already has a backup plan.
Billions in Tariff Refunds Are Coming. Consumers Won't See a Dollar.
The Supreme Court struck down Trump's tariffs and ordered $133 billion in refunds. A CFO survey found most companies plan to keep the money. 86% of CEOs now treat tariffs as permanent anyway.
The $166 Billion Tax Nobody Gets Back
The Supreme Court ruled Trump's tariffs illegal. American businesses and families paid $166 billion. One year later, the government has not issued a single refund. and is imposing new tariffs to replace the overturned ones.