U.S. Customs Could Begin Issuing Tariff Refunds This Week

Current estimates indicate the federal government could be forced to return more than $150 billion to importers.

NASHVILLE, TENN. (RFD NEWS) — After months of legal back and forth, including a Supreme Court battle, tariff refunds could begin going out this week.

More than 75,000 businesses had reportedly applied for refunds as of last month after the Supreme Court struck down the president’s use of emergency tariffs.

The White House says it plans to appeal the ruling.

U.S. Customs told the Court of International Trade it was targeting this week to begin issuing payments. Current estimates indicate the federal government could be forced to return more than $150 billion to importers.

Related Stories
New systems are moving beyond data analysis to make real-time decisions directly on farm equipment.
The USDA’s September Cattle-on-Feed report shows inventories remain above year-ago levels, while both placements and marketings fell to record lows for the month.
National Farmers Union President Rob Larew recaps this week’s Washington fly-in, NFU’s Farm Bill priorities, and the growing economic pressure on producers.
More than 100 training providers have been shut down amid a federal crackdown.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

New data tool brings modern, streamlined data access to producers nationwide
Ted Ogle of Superior Livestock says limited supplies still underpin the market despite a slight retreat in cattle prices, but expects volatility to persist into the fall.
NCGA President Jed Bower discusses the Farm Bill and why year-round E15, making it into the final bill, is critical for corn growers as input costs continue to eat away at margins.
Santa Teresa livestock port reopens September 24, restoring another cattle trade route from Mexico while maintaining new safeguards against New World screwworm.
A community survey found strong demand for fresh produce, meat and locally sourced products.
Thirty-six percent of North American row-crop farmers expect to shift toward generics over the next two years.