Trump-era tariffs get a $100B refund after court voids 2025 IEEPA duties

1 min read
Source: CNBC
Trump-era tariffs get a $100B refund after court voids 2025 IEEPA duties
Photo: CNBC
TL;DR Summary

The Trump administration has refunded about $100 billion of IEEPA-based tariffs collected in 2025 after the Supreme Court ruled the levies unauthorized, accounting for roughly 60% of the $166 billion initially collected. Refunds are being processed through CBP’s CAPE system, with more than 252,000 refund declarations covering over 25 million import entries already in hand, while the effort faces ongoing legal challenges and the administration looks to re-create tariff authorities via other means.

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