Trump tariff refunds begin May 12. The US Customs and Border Protection agency announced that electronic refunds from tariffs ruled illegal by the Supreme Court will commence as early as May 12, one day later than previously estimated. Up to 166 billion dollars in CBP collections from Trump's tariffs imposed under the International Emergency Economic Powers Act are subject to refunds. The Supreme Court determined that Trump exceeded his authority by using a 1977 sanctions law to impose these tariffs. The agency disclosed the estimated start date in a message to shippers, providing access to status reports that allow claimants to monitor their refund processing. This marks a significant development in the ongoing tariff dispute and its financial implications for affected businesses and importers across the country.
