Tariff refunds could take years amid US Supreme Court ruling, experts warn

Al JazeeraEN 5 min read 100% complete by Andy HirschfeldFebruary 20, 2026 at 09:19 PM
Tariff refunds could take years amid US Supreme Court ruling, experts warn

AI Summary

long article 5 min

The US Supreme Court ruled against President Trump's use of the International Emergency Economic Powers Act (IEEPA) to impose global tariffs, leaving the refund process for approximately $175 billion in collected tariffs uncertain. The case returns to the Court of International Trade to oversee refunds, with over 1,000 lawsuits already filed by importers. Experts predict the government will likely require individual refund applications, potentially burdening smaller businesses due to the costs and time involved in navigating the procedures. Legal experts anticipate procedural delays and a lengthy refund process, potentially taking years to resolve. Larger companies are expected to be better equipped to navigate the process than smaller importers.

Keywords

tariff refunds 100% us supreme court 80% global tariffs 70% international emergency economic powers act (ieepa) 60% small businesses 60% trade court 50% importers 50% refund process 40% legal experts 40%

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Al Jazeera
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90%
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United States

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