Amber G. wrote: ↑20 Apr 2026 23:00
The US Government has begun refunding up to $166 billion in tariffs charged under President Trump after the Supreme Court ruled the policy unlawful.
Beginning today, businesses can file claims through a new customs system.
Over 330,000 importers across 53 million shipments are expected to be eligible.
Once approved, refunds plus interest will be paid within 60 to 90 days
Ignoring side trolling - From Bloomberg :
Bloomberg Trump Encourages Companies Not to Seek Tariff Refunds
President Donald Trump said he’d remember companies that decline to seek refunds on duties paid after the Supreme Court struck down a large swath of his tariffs.
“It’s brilliant if they don’t do that,” Trump said Tuesday on CNBC in response to a question about whether companies such as Amazon.com Inc. and Apple Inc. should request refunds on duties that have now been deemed unlawful. “If they don’t do that, I’ll remember them.”
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Meanwhile:
Total Refund Pool: Approximately $166 billion is being repaid by the U.S. government.
India's Share: It is estimated that $10 billion to $12 billion of these refunds are linked to goods sourced from India.
Who Gets the Money: Under U.S. law, the refunds are issued to the "Importer of Record"—the U.S.-based company that actually paid the duty at the border.
(Since Indian exporters cannot file for these refunds directly, their recovery of that money depends on private negotiations:
- Indian firms that "absorbed" the cost of the tariffs to keep their prices competitive are now reaching out to their U.S. buyers to claim a slice of the refund.
- The biggest impact is in textiles, apparel, and engineering goods, which made up the bulk of the affected exports.
Many bodies- EEPC India are currently advising Indian businesses on how to legally and commercially approach their U.S. partners for these payouts.