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

Transportation officials say a loophole closed on CDL drivers

Transportation officials say a loophole closed on CDL drivers

By Alan WootenThe Center Square CDL drivers causing 17 fatal crashes and 30 deaths in 2025 are no longer eligible to get a nondomiciled commercial driver’s license, according to a...
Illinois Quick Hits: Foreign national faces harboring, forced labor charges

Illinois Quick Hits: Foreign national faces harboring, forced labor charges

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Honduran citizen residing in Waukegan has been indicted for allegedly bringing illegal aliens into the United...
Immigration enforcement surge to end in Minnesota, Homan says

Immigration enforcement surge to end in Minnesota, Homan says

By Andrew RiceThe Center Square White House Border Czar Tom Homan said on Thursday the monthslong immigration enforcement operation in Minnesota will end in the next week. On Dec. 4,...
Litchfield Logo Graphic.3

City Approves Emergency Fire Engine Repairs and Temporary Rental

Litchfield City Council Meeting | February 5, 2026 Article Summary: The Litchfield City Council authorized emergency spending to repair a fire department squad truck suffering from a blown head gasket...
Trump holding out hope deal can be reached with Iran

Trump holding out hope deal can be reached with Iran

By Sarah Roderick-FitchThe Center Square President Donald Trump is urging diplomacy with Iran following a meeting Wednesday with Israeli Prime Minister Benjamin Netanyahu. The allies met for a seventh time...
First lady charms young patients during NIH visit

First lady charms young patients during NIH visit

By Sarah Roderick-FitchThe Center Square Returning for her fourth visit to the National Institute for Health’s Children’s Inn, First Lady Melania Trump met with a group of patients and former...
Bondi questioned about DOJ policies at House hearing

Bondi questioned about DOJ policies at House hearing

By Emily RodriguezThe Center Square Members of the U.S. House Judiciary questioned U.S. Attorney General Pam Bondi on Wednesday on the Department of Justice's mission and programming. Under Bondi’s leadership,...
WATCH: Newsom signs $90M bill to fund Planned Parenthood

WATCH: Newsom signs $90M bill to fund Planned Parenthood

By Madeline ShannonThe Center Square California Gov. Gavin Newsom on Wednesday signed a budget bill into law that would allocate $90 million to Planned Parenthood, a reproductive health care provider....
U.S. House passes national voter ID bill, sends to Senate

U.S. House passes national voter ID bill, sends to Senate

By Thérèse BoudreauxThe Center Square The U.S. House passed legislation Wednesday night that would implement comprehensive election security reforms nationwide, sending it over to the Senate for approval. The SAVE...
Illinois GOP state reps call on Dems to stop taxing s’mores, other goods

Illinois GOP state reps call on Dems to stop taxing s’mores, other goods

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois House Republicans are calling on Democrats to oppose new tax proposals. State Rep. Dave Severin, R-Benton,...
Illinois Quick Hits: Tangent to expand in Montgomery

Illinois Quick Hits: Tangent to expand in Montgomery

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker and the Illinois Department of Commerce and Economic Opportunity announced on Wednesday that a...
Retail advocate: Swipe fees ruling is largest Main St. 'relief package' in Illinois

Retail advocate: Swipe fees ruling is largest Main St. ‘relief package’ in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A retail business advocate says a federal judge’s ruling to uphold the Interchange Fee Prohibition Act paves...
Smith & Wesson wins appeal chance in Highland Park lawsuits

Smith & Wesson wins appeal chance in Highland Park lawsuits

By Jonathan Bilyk | Legal NewslineThe Center Square Gunmaker Smith & Wesson will get a chance to appeal a Lake County judge's decision clearing the way for the families of...
Illinois Republicans say federal student data probe may reach Illinois State after Tufts review

Illinois Republicans say federal student data probe may reach Illinois State after Tufts review

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The McLean County Republican Party says a newly announced federal investigation into Tufts University could have...
Violence Interrupters, local activists lead CTA safety push

Violence Interrupters, local activists lead CTA safety push

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Violence Interrupters founder Tio Hardiman has joined with faith-based leaders and community activists across the city...