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Refunds of $166bn expected after tariff court case

The Guardian

|

March 07, 2026

The US customs agency is preparing a system that will be ready to process refunds for billions of dollars of illegally collected tariffs in 45 days without requiring importers to sue, a court has been told.

- Alex Daniel

Brandon Lord, a top official at US Customs and Border Protection (CBP), said in a filing to the US court of international trade yesterday that the total sum held in relation to such tariffs was estimated to be “approximately $166bn”.

The declaration came as government lawyers were meeting a federal trade judge to hammer out a process for returning the money to about 330,000 importers.

The court of international trade’s website said the meeting would be a “closed conference”, while Gina Justice, its clerk, described it as a “settlement conference”.

The supreme court decided last month that a 1977 law designed to address national emergencies did not provide the legal justification for most of the Trump administration’s global tariffs.

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