tradingkey.logo
tradingkey.logo
Search

First refunds of Trump tariffs to start as early as May 12, customs agency says

ReutersMay 4, 2026 11:47 PM
facebooktwitterlinkedin
View all comments0

- The U.S. Customs and Border Protection (CBP) agency said on Monday it now estimates the first electronic refunds from U.S. President Donald Trump's tariffs deemed illegal by the Supreme Court will start as soon as May 12, a day later than an earlier estimate.

  • The estimated start date for Automated Clearing House (ACH) payments was disclosed in a message to shippers announcing the availability of status reports that allow claimants to monitor the processing status of their refunds.

  • In a Court of International Trade order last week, the agency was expected to start refunds around May 11. No reason was given for the date change.

  • Up to $166 billion of CBP collections from Trump's tariffs imposed under the International Emergency Economic Powers Act are subject to CBP refunds. The Supreme Court ruled that Trump overstepped his authority in using the 1977 sanctions law to impose tariffs.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

0/500
Commenting Guidelines
Loading...

Recommended Articles

Tradingkey
KeyAI