Tariff refunds move forward as administration appeals broader refund ruling

The Supreme Court ruled that Trump lacked authority to impose broad tariffs, but refunds are already being issued to importers. CBP has processed billions in refunds and around 85 billion in total claims have been identified, with 330,000+ importers potentially eligible. The Justice Department plans to appeal a judge’s order to allow all eligible importers to seek refunds, not just those who filed lawsuits, and will argue that the government needs time to complete recalculations. Refunds are being processed in phases, with some large retailers signaling potential price passes of refunds, and activity may slow if the appeal delays the process; some tariffs from other authorities remain in effect and the administration has proposed new tariffs since the ruling.