Back to today’s briefing

Story perspectives

Supreme Court Ruling Leaves $166 Billion Tariff Refunds Unprocessed

3/6/2026

50 11 Full Breakdown

Summary

Story summary

The U.S. Customs and Border Protection collected about $166 billion in International Emergency Economic Powers Act (IEEPA) tariffs imposed by U.S. President Donald Trump, which the Supreme Court invalidated.
In a filing with the Court of International Trade, CBP said it cannot comply with a judge's order to start processing refunds.
As of March 4, 2026, about 20.1 million entries under the IEEPA tariffs remain unliquidated.

1 of 1

Story summary

The U.S. Customs and Border Protection collected about $166 billion in International Emergency Economic Powers Act (IEEPA) tariffs imposed by U.S. President Donald Trump, which the Supreme Court invalidated.
In a filing with the Court of International Trade, CBP said it cannot comply with a judge's order to start processing refunds.
As of March 4, 2026, about 20.1 million entries under the IEEPA tariffs remain unliquidated.