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
RealAg Radio host Shaun Haney says producers should continue to watch tariff negotiations, market access, and the possibility of a more transactional trade relationship with China.
RFD News Farm Legal Expert Roger McEowen discussed red flags landowners should watch for during property transactions.
ASFMRA’s Howard Halderman says several economic and policy issues are continuing to influence the farmland market.
USMCA review nears a critical stage as the U.S. and Mexico advance talks while Canada risks being left behind, raising concerns across North American agriculture trade.
Industry leaders say damage tied to the Strait of Hormuz conflict may continue impacting global fertilizer supplies long after shipping resumes.
Sen. Jerry Moran of Kansas joins us to discuss the Food for Peace program’s Kansas roots, its place in the Farm Bill, and the importance of the USDA’s visit to the state.

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.