Trump-era tariffs get a $100B refund after court voids 2025 IEEPA duties
TL;DR
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.
- Trump admin refunds $100 billion in 'liberation day' tariffs CNBC
- Donald Trump's 'Liberation Day' tariff refunds hit $100bn BBC
- US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs The Guardian
- U.S. companies got $100 billion in tariff refunds, but Americans are still looking for their cut Fortune
- Corporate America got billions of dollars in tariff refunds. Where’s your cut? CNN
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