# The Supreme Court ruled President Donald Trump's tariffs illegal in February.

*business · news · 2026-05-01 · Tallahassee Democrat*

## Key points

- The Supreme Court ruled Trump's global tariffs illegal under the 1977 International Emergency Economic Powers Act.
- American companies could receive up to $166 billion in tariff refunds, with payments starting around May 11.
- Over 75,000 businesses applied for refunds; 19% of claims have already been rejected for validation failures.
- Consumers will not receive direct refunds, but Costco, UPS, and FedEx plan to pass savings to their customers.
- Tariff refunds only apply to businesses or brokers for unliquidated entries or finalized tariffs within 80 days.

**Companies:** UPS, FedEx, Costco
**Countries:** United States

[Read the full story on Tallahassee Democrat](https://eu.tallahassee.com/story/news/2026/05/01/trump-tariff-refunds-costco-ups-fedex/89887456007/)

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