Will Americans get refunds after Trump's tariffs were overturned by the Supreme Court?

February 21, 2026

TL;DR

The Supreme Court ruled President Trump unlawfully imposed tariffs under the International Emergency Economic Powers Act (IEEPA).
Businesses are pressing the Trump administration for tariff refunds, but the process is expected to involve lengthy legal battles.
There is no existing government mechanism for businesses to file for or collect tariff refunds.
Estimates suggest businesses could be owed up to $165 billion in refunds.
The Trump administration is considering using other statutes to impose new tariffs.
Some businesses and political leaders are demanding swift refunds.
The Supreme Court's ruling did not explicitly address whether refunds must be issued, deferring the issue to lower courts.

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