#tariff-refunds

#tariff-refunds

Businesses paid most of the $180 billion in struck-down tariffs and will likely receive refunds, while consumers who paid indirectly through higher prices will probably receive little to nothing.

The Supreme Court ruled IEEPA-based global tariffs unlawful, leaving about $175 billion tied up in refund litigation and consumer relief uncertain.

Companies should meticulously track tariff payments because court outcomes could create opportunities for substantial refunds while enforcement and exposure risks persist.