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The Nexus
BUSINESSAug 5 · 16:28 UTCFORTUNESasha Rogelberg

The Trump administration has doled out $100 billion in tariff refunds, but Americans are suing U.S. companies for not seeing a penny of the returns

The Trump administration has disbursed $100 billion in tariff refunds to U.S. companies under the International Emergency Economic Powers Act (IEEPA), but consumers are suing firms like Five Below and Sony for not passing refunds to them. Lawsuits allege companies retained profits by raising prices to cover tariffs while collecting refunds, with no confirmation of returning funds to customers.

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