Trump administration refunds $100 billion in tariffs after Supreme Court strikes down duties

The Trump administration has refunded approximately $100 billion in tariffs to importers following the U.S. Supreme Court's February 2026 ruling that duties imposed under the International Emergency Economic Powers Act exceeded presidential authority. The figure represents roughly 60% of the $166 billion collected under the invalidated tariffs, disclosed in a court filing at the U.S. Court of International Trade. Nearly $29 billion in refunds remains under review and $1.6 billion is backlogged pending banking details. CBP's CAPE portal has processed over 252,000 refund declarations covering more than 25 million import entries. The refunds have turned monthly customs revenue negative, widening the federal deficit. This event represents the financial fallout and administrative compliance action resulting from the Supreme Court's earlier ruling against Trump's emergency tariff powers.