The Trump administration has refunded about $100 billion in tariffs after the Supreme Court struck down a wave of duties this year, according to court filings. The refunds cover tariffs collected under the so-called "liberation day" tariffs, which were imposed using the International Emergency Economic Powers Act (IEEPA). The Supreme Court invalidated those tariffs, prompting the administration to return the money.
In response to the ruling, the administration has taken steps to effectively re-create the IEEPA tariff regime using other legal authorities. These new measures already face court challenges, according to reports. The administration's attempt to reinstate the tariffs through a different legal basis is likely to prolong the legal battle over the trade measures.
The refunds represent a significant reversal after the court's decision, but the administration is simultaneously working to maintain the tariffs through alternative means. Court filings detail the refund process, though they do not specify the exact timeline or the number of affected importers.
The Supreme Court's ruling this year invalidated the previous tariff program, leading to the return of billions of dollars in collected duties. With the new legal approach already being contested, the dispute over the tariffs is expected to continue.