Over $35.5 Billion in Trump Tariff Refunds Approved, Importers Begin to Receive Payments
Following a U.S. Supreme Court ruling, the Trump administration has begun disbursing over $35.5 billion in refunds for illegally imposed tariffs. This provides financial relief to affected importers and has significant implications for U.S. trade policy.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 14:43
- 🔍 Collected: May 13, 2026 at 15:02 (18 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 21:24 (6h 22m after Collected)
(CNA Washington, 12th, Comprehensive Foreign Report) According to Bloomberg, the Trump administration is preparing to issue over $35.5 billion in payments to importers who successfully applied for tariff refunds, as per the latest court documents. This follows a U.S. Supreme Court ruling that this core economic policy, led by the president, was illegal.
Brandon Lord, Executive Director of Trade Programs at U.S. Customs and Border Protection (CBP), stated that these payments will be disbursed through a new government online platform and will include interest on tariffs paid on over 8 million import entries.
As of May 11, the application system, which handles a total of $166 billion in revoked tariffs, has verified approximately 87,000 filings, paving the way for the U.S. Treasury to issue payments to the relevant importers. Since the launch of the "Customs Automated Processing and Entry" (CAPE) system on April 20, about 126,000 filings have been received.
The wave of refund applications began on February 20, when the U.S. Supreme Court ruled that President Trump illegally used the "International Emergency Economic Powers Act" (IEEPA) to impose tariffs on imported goods. The case was decided with a 6-to-3 vote, but the issue of refunds was left to lower courts to handle.
So far, over 8.3 million approved import entries have been reprocessed to remove the tariffs levied under IEEPA. Court documents also indicate that 1,880 consolidated refunds have not yet been sent to the Treasury because the relevant importers have not provided their bank account information.
CBP Commissioner Rodney Scott explained the refund process in a closed-door hearing today.
According to an order issued by Judge Richard Eaton of the U.S. Court of International Trade, the CBP must submit another progress report by May 26.
Some of the first refund payments began to be issued to importers last week, earlier than expected. (Translation: Hsu Jui-cheng) 1150513
Brandon Lord, Executive Director of Trade Programs at U.S. Customs and Border Protection (CBP), stated that these payments will be disbursed through a new government online platform and will include interest on tariffs paid on over 8 million import entries.
As of May 11, the application system, which handles a total of $166 billion in revoked tariffs, has verified approximately 87,000 filings, paving the way for the U.S. Treasury to issue payments to the relevant importers. Since the launch of the "Customs Automated Processing and Entry" (CAPE) system on April 20, about 126,000 filings have been received.
The wave of refund applications began on February 20, when the U.S. Supreme Court ruled that President Trump illegally used the "International Emergency Economic Powers Act" (IEEPA) to impose tariffs on imported goods. The case was decided with a 6-to-3 vote, but the issue of refunds was left to lower courts to handle.
So far, over 8.3 million approved import entries have been reprocessed to remove the tariffs levied under IEEPA. Court documents also indicate that 1,880 consolidated refunds have not yet been sent to the Treasury because the relevant importers have not provided their bank account information.
CBP Commissioner Rodney Scott explained the refund process in a closed-door hearing today.
According to an order issued by Judge Richard Eaton of the U.S. Court of International Trade, the CBP must submit another progress report by May 26.
Some of the first refund payments began to be issued to importers last week, earlier than expected. (Translation: Hsu Jui-cheng) 1150513