economy
March 5, 2026
Companies are entitled to refunds for Trump tariffs struck down by Supreme Court, judge rules
Updated on: March 5, 2026 / 10:08 AM EST / CBS/AP
TL;DR
- Companies that paid tariffs invalidated by the Supreme Court are legally entitled to refunds.
- A federal judge ruled that U.S. importers are entitled to benefit from the Supreme Court's decision.
- The Supreme Court had previously ruled that President Trump lacked the authority to impose certain tariffs.
- The U.S. government could owe an estimated $175 billion to businesses in tariff refunds.
- The U.S. Customs agency faces the challenge of developing a system for mass refunds.
- Several major corporations and a coalition of small businesses have sought or supported tariff refunds.
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