# Billions of dollars are expected to be refunded to American importers after the U.S. Supreme Court struck down President Trump's IEEPA tariffs in February.

*business · news · 2026-04-20 · Seeking Alpha*

## Key points

- The U.S. Supreme Court struck down President Trump's IEEPA tariffs in February.
- Billions in tariff refunds are expected for American importers due to the Supreme Court ruling.
- Refunds will not be automatic; importers must apply through a new system.
- The application system for refunds is scheduled to launch soon.

**Companies:** Costco Wholesale Corporation
**Countries:** United States

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4576496-costco-and-fedex-face-lawsuits-as-tariff-refund-portal-opens-today)

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