The Trump administration has refunded roughly $100 billion to importers after the U.S. Supreme Court struck down President Donald Trump's sweeping 2025 "liberation day" tariffs, marking one of the largest tariff repayment efforts in U.S. history.
The figure, disclosed in a filing with the U.S. Court of International Trade, represents about 60% of the approximately $166 billion collected under tariffs imposed through the International Emergency Economic Powers Act, or IEEPA. The refunds follow a series of court rulings that found the law did not authorize the president to levy the broad import duties.
