BUSINESSFORTUNE
The $166 billion tariff refund question: Who actually gets paid back?
A U.S. Customs and Border Protection official is set to testify about the government's refund process for $166 billion in tariffs deemed illegal by the Supreme Court. A court judge ordered expanded refunds, but the Justice Department argues only companies involved in lawsuits challenging the tariffs are eligible. The refund process has distributed $20.6 billion so far, with disputes ongoing over eligibility and speed.
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Adjacent reporting
- As US Customs refines its tariff refund system, who gets in to apply is under dispute
- Here's how tariff refunds for businesses will work following Supreme Court ruling
- As US Customs refines its tariff refund system, who gets in to apply is under dispute
- Trump administration has paid $20bn in tariff refunds, with at least $65bn more to come
- Trump kicks off $166billion tariffs refund process for American companies… but there's a catch