Trump Administration Begins Refunding $127 Billion in Tariffs Following Supreme Court Ruling

 The US administration opened an online portal Monday to enable companies to reclaim billions of dollars in customs duties imposed under the International Emergency Economic Powers Act. This move follows a February 2026 Supreme Court ruling that declared these tariffs unconstitutional and an overreach of congressional authority. The first phase of refunds covers approximately 56,000 importers, totaling $127 billion, with expectations that total amounts, including legal interest, will later exceed $166 billion.