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Court Orders Tariff Refunds for 1,000+ Companies

3/12/2026

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Story summary
  • The Court of International Trade handles tariff refunds after Supreme Court voided tariffs under the International Emergency Economic Powers Act (IEEPA) by U.S. President Donald Trump.
  • More than 1,000 companies, including Costco Wholesale Corporation and FedEx Corporation, seek refunds.
  • The court ordered Customs to process refunds, but consumers will likely receive none.
  • Customs faces 330,000+ importers.
  • A digital refunds system should be ready in 45 days, with possible delays.