US Importers Face Years-Long Wait for Refunds Despite Trump Tariff Cancellation

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Trump Tariffs Cancelled, But Refunds Could Take Years

US President Donald Trump signs an executive order on tariffs in the Rose Garden at the White House in Washington, DC, US. (Photo: Reuters)

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Firstpost•24-02-2026, 11:34

Trump Tariffs Cancelled, But Refunds Could Take Years

•Supreme Court ruled Trump's tariffs illegal, but importers face long wait for refunds.
•Up to $175 billion in 'illegal tariffs' collected by the administration.
•US Court of International Trade (CIT) will decide refund claims, potentially taking years.
•Fears of retribution against companies seeking refunds due to Trump's past actions.
•Trump allies may be counting on protracted litigation to shift refund burden to successor.

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