Slok published his analysis August 15 Slok estimated that tariff refunds would contribute roughly 0.2 percentage points to that growth rate — meaning the refunds alone account for roughly 4.7% of the projected increase.
Companies have received tariff refunds. What about consumers? Some companies are providing refunds while others decline.
The administration has started to repay some of the money, but has signaled it may make it harder for certain businesses to claim the full amount they are owed.
The administration has settled on a more legally and politically durable way to impose tariffs, but some say the focus on forced labor is merely a pretext for protectionism.
The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
The president has reworked his tariffs repeatedly — sometimes because they have been declared illegal — with more updates still to come.
Up to $166 billion of CBP collections from the president's tariffs are subject to refunds.
After the Supreme Court struck down most of President Trump's tariffs, Richard Brown began lining up the paperwork he needed to get his refund. Experts say many businesses may never get their money back.
The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.