Business groups seek quick tariff refunds after Supreme Court ruling

Business groups seek quick tariff refunds after Supreme Court ruling

The U.S. businesses that paid billions in tariffs to the federal government want their money back.

After the U.S. Supreme Court found President Donald Trump exceeded his authority under a 1977 law, business groups quickly called for refunds of these tariffs.

The high court decision affects Trump’s tariffs enacted under the International Emergency Economic Powers Act. Trump had used the law to impose tariffs on nearly every imported product from every country.

Neil Bradley, executive vice president at the U.S. Chamber of Commerce, said the ruling was good news for U.S. businesses and consumers.

“Swift refunds of the impermissible tariffs will be meaningful for the more than 200,000 small business importers in this country,” he said.

The nation’s largest business lobby also asked for a full reset on tariffs.

“We encourage the administration to use this opportunity to reset overall tariff policy in a manner that will lead to greater economic growth, larger wage gains for workers, and lower costs for families,” Bradley said.

The Penn Wharton Budget Model estimated the Supreme Court ruling will generate up to $175 billion in refunds.

Getting that money won’t be easy. International Chamber of Commerce Secretary General John Denton warned that refunds could be challenging.

“Companies should not expect a simple process: the structure of U.S. import procedures means claims are likely to be administratively complex,” he said. “[The] ruling is worryingly silent on this issue and clear guidance from the Court of International Trade and the relevant U.S. authorities will be essential to minimize avoidable costs and prevent litigation risks.”

Trump sharply criticized the Supreme Court’s decision on Friday before announcing a new set of tariffs under different laws to replace the import duties invalidated by the high court. He also criticized the Supreme Court for its silence on the issue of refunds. He said that failure by the high court could mean refunds end up in court disputes for years.

Gary Shapiro, CEO of the Consumer Technology Association, a trade group, said “the government must act quickly to refund retailers and importers without red tape or delay.”

Some businesses filed for refunds even before the Supreme Court ruling.

Warehouse retailer Costco filed a lawsuit in December to hold its place in the refund line, where other companies were already waiting. Costco noted a separate lawsuit was needed because importers “are not guaranteed a refund for those unlawfully collected tariffs in the absence of their own judgment and judicial relief.”

The request hints at a complicated refund process for a share of the billions in tariffs the federal government collected in fiscal year 2025. Supreme Court Justice Amy Coney Barrett said refunds could be a “mess” during oral arguments in November.

U.S. Sen. Maria Cantwell, D-Wash., wrote a letter to Treasury Secretary Scott Bessent seeking a “detailed explanation” of how the refund process would work.

“Many American businesses, especially small and medium-sized businesses, have struggled to pay these illegal tariffs and, for some, the financial strain has placed them on the brink of bankruptcy,” she wrote in the letter. “It is essential [that the Treasury Department] implement an expeditious and transparent process to remediate the financial harm that resulted from these illegal tariffs.”

Illinois Gov. J.B. Pritzker, a Democrat with plans for higher office, demanded a refund of $8.6 billion for all families in his state.

“On behalf of the people of Illinois, I demand a refund of $1,700 for every family in Illinois,” the governor wrote, threatening further action if the White House failed to comply.

Recent economic research has found that Americans are picking up the cost of tariffs. A report from the Federal Reserve Bank of New York confirmed “U.S. firms and consumers continue to bear the bulk of the economic burden of the high tariffs imposed in 2025,” according to a report from the Federal Reserve Bank of New York. Other studies have reported similar findings on the impact of the tariffs. The Kiel Institute for the World Economy found that Americans are paying almost the entire cost of tariffs.

Leave a Comment





Latest News Stories

IL lawmaker intros bill to regulate third-party lawsuit investing

IL lawmaker intros bill to regulate third-party lawsuit investing

By Jonathan Bilyk | Legal NewslineThe Center Square Amid a growing push nationwide for new laws to regulate the booming business of third-party lawsuit investing, a state lawmaker has introduced...
Illinois senator offers 401(k)-style option to escape $145 billion pension crisis

Illinois senator offers 401(k)-style option to escape $145 billion pension crisis

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois state senator is pushing a sweeping but voluntary change to the state’s pension system...
Pasadena, Altadena continue recovery after 2025 Eaton Fire

Pasadena, Altadena continue recovery after 2025 Eaton Fire

By Chris WoodwardThe Center Square Many people in the Pasadena area are going to need more time to recover from last year's devastating Eaton Fire. Rick Cole, a Pasadena City...
Minneapolis seeks federal aid as Operation Metro Surge ends

Minneapolis seeks federal aid as Operation Metro Surge ends

By Elyse ApelThe Center Square As Operation Metro Surge is expected to wind down in the coming week, the City of Minneapolis is seeking financial assistance from the federal government...
Ongoing smuggling operations continue at U.S.-Canada border

Ongoing smuggling operations continue at U.S.-Canada border

By Bethany BlankleyThe Center Square Ongoing smuggling operations continue at the U.S.-Canada border. After alleged offenders are arrested and charged by federal immigration officers, they are being indicted and prosecuted....
Groups call on Canada to safeguard national security, combat expansive crime

Groups call on Canada to safeguard national security, combat expansive crime

By Bethany BlankleyThe Center Square Two Canadian groups have called on the Canadian government to strengthen border security, highlighting failures to crack down on drug trafficking and illicit trade. While...
montgomery county Graphic Logo.2

County Donates $30,000 for Urgent Electrical Repairs at Fairgrounds

Montgomery County Board Meeting | Jan. 13, 2026 Article Summary: Recognizing critical infrastructure needs, the County Board voted to donate $30,000 from coal royalty funds to the Montgomery County Fair...

Everyday Economics: The jobs report mirage: Hiring looks fine until revisions hit

By Orphe DivounguyThe Center Square Last week’s jobs report said the U.S. added 130,000 jobs in January. But the more consequential news landed in the fine print: the Bureau of...
This family business paid $200,000 in tariffs last year, but won't cut corners

This family business paid $200,000 in tariffs last year, but won’t cut corners

By Brett RowlandThe Center Square La Tienda has been delivering the best of Spanish cuisine to Americans for three decades, but the task has become more expensive after President Donald...
27 members of TdA, anti-Tren members charged in New York

27 members of TdA, anti-Tren members charged in New York

By Bethany BlankleyThe Center Square An additional 27 members of Venezuelan transnational criminal organizations, Tren de Aragua and its splinter faction, anti-Tren, have been indicted in New York in an...
montgomery county Graphic Logo.4

Montgomery County Board Approves $315,000 for New Dump Truck, Advances Infrastructure Projects

Montgomery County Board Meeting | Jan. 13, 2026 Article Summary: The Montgomery County Board authorized the purchase of a new tandem dump truck and approved several engineering agreements to address road...
Litchfield Brush Fire_5494

Fire Department Responds to Brush Fire

The Litchfield Fire Department responded to a brush fire on 15th Avenue on Friday afternoon. Mutual aid was called for but not needed as crews brought the fire under control....
Illinois Quick Hits: Bills filed to create small business accounts

Illinois Quick Hits: Bills filed to create small business accounts

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Democratic state Sen. Doris Turner, D-Springfield, and Republican state Rep Amy Elik, R-Alton, have filed legislation to...
Taxpayers funding $52.8M Route 9 upgrade; residents raise safety concerns

Taxpayers funding $52.8M Route 9 upgrade; residents raise safety concerns

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois is set to receive $52.8 million in federal taxpayer funding to overhaul roughly 6 miles...
Report: ‘Lawfare’ used to enforce ‘woke’ policies outside legislative process

Report: ‘Lawfare’ used to enforce ‘woke’ policies outside legislative process

By Tate MillerThe Center Square A new report released by Alliance for Consumers shows how the American Left has been pushing its agenda through what it calls “lawfare,” enforcing “woke”...