Companies are getting tariff refunds. Will you see lower prices?

U.S. importers who paid tariffs the Supreme Court ruled illegal are nearing refunds, but shoppers who paid higher prices likely won’t see one.

Trump admin approves $166 billion tariff refund system tonight

The Donald Trump administration is expected to launch a tariff refund system following the Supreme Court striking them down. It was on Apr. 2, 2025, that Trump began the global tariff war and issued "reciprocal tariffs" in the range of 10% to 50% on imports from foreign countries.

Tariff refunds begin on Monday. These retailers are due big paydays

U.S. importers, such as Walmart and Target, could be in line for billions in tariff refunds as the government launches its claims-filing portal on Monday.

Tariff refunds start today—but average consumers won’t benefit

More than $160 billion in tariff refunds are due for U.S. importers.