Overview
- In a 6–3 decision, the Court held the president exceeded authority under the International Emergency Economic Powers Act, invalidating sweeping import duties.
- Customs has collected roughly $133 billion under the struck tariffs, with some estimates of potential refunds reaching up to $175 billion and no mechanism yet defined.
- Illinois Governor JB Pritzker demanded $1,700 per household, totaling about $8.68 billion for his state, while California Governor Gavin Newsom called for immediate refunds with interest.
- Importers and trade groups are pursuing reimbursement, with companies including Costco, Revlon, Bumble Bee Foods and Learning Resources filing or leading cases, as the U.S. Chamber of Commerce urges swift refunds.
- Treasury Secretary Scott Bessent said consumers are unlikely to receive direct checks and experts expect a complex, lengthy process through Customs and the Court of International Trade, as the White House moves to pursue a 10% global tariff under Section 122 and explores other statutes.