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
CEO, Jeanette Lombardo spoke with RFD-TV’s own Tammi Arender on FVC’s mission, transitioning from the military to agriculture, and success stories.
Sgt. Strunk served as a gunner aboard an M48A2 tank while stationed in Germany during the Cold War as part of the US 3rd Infantry Division.

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:

A group of 32 Democratic senators is urging ag lawmakers to halt their opposition to Prop 12 in the next Farm Bill.
In honor of Rural Road Safety Week, we’re highlighting some commonly overlooked hazards on rural roads, where 40 percent of all fatal crashes in the United States occur.
The network includes labs across the country that track diseases like New World Screwworm, which could see a rise in cases with hurricane season approaching.
Sen. Roger Marshall (R-KS) hosted the talks. The senator and doctor joined us on Wednesday on RFD-TV’s Market Day Report to recap the critical discussions surrounding human health in America.
Ag Secretary Brooke Rollins made the announcement yesterday at the grand opening of a new food safety lab in Missouri, where researchers will do Listeria testing.
$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.