US Government Launches $166 Billion Tariff Refund Process Following Supreme Court Ruling
The US government has begun processing refunds for over $166 billion in tariffs imposed during the Trump administration, following a Supreme Court decision that declared these tariffs unlawful.A new digital claims system, known as Cape, was launched on Monday to facilitate the refund process for importers who paid the tariffs.The tariffs were imposed under the International Emergency Economic Powers Act (IEEPA) during Donald Trump's presidency but were struck down by the Supreme Court in February 2026.The US Court of International Trade ordered customs officials to refund the tariffs collected, marking the largest repayment programme in US history.Approximately 330,000 importers are... [Continue Reading]
360LiveNews | 20 Apr 2026 17:31 LONDON
