Overview
- The U.S. Court of Appeals for the Federal Circuit denied the administration’s request for a 90‑day pause and remanded the tariff refund fight to the Court of International Trade.
- The Supreme Court’s Feb. 20 ruling struck down the president’s broad IEEPA‑based tariffs, and the high court gave no guidance on refunds, leaving mechanics and timing to the trade court.
- Hundreds to potentially thousands of refund suits are pending, with companies such as FedEx, Costco, Revlon, Dyson and L’Oreal among those seeking repayments.
- The government collected more than $130 billion under the invalidated tariffs and could face up to roughly $175–$179 billion in refunds, with analysts warning delays may add about $700 million in interest each month.
- Customs has stopped collecting IEEPA duties, while the White House has imposed temporary Section 122 tariffs at 10% and then 15% for up to 150 days and signaled possible use of other trade statutes.