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Chicago Patriot News Media > Blog > US News > Trump administration refunds $100 billion in “Liberation Day” tariffs to businesses
US News

Trump administration refunds $100 billion in “Liberation Day” tariffs to businesses

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Mujeeb Osman
Last updated: August 5, 2026 10:39 pm
Mujeeb Osman 3 weeks ago
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Chicago – August 05, 2026

The Trump administration has returned about $100 billion in “Liberation Day” tariff payments to businesses after the Supreme Court ruled that the duties were unlawful, according to U.S. Customs and Border Protection filings cited by multiple news outlets. The refunds represent roughly 60% of the $165 billion collected under the tariff program.

The repayments come after the court found that the administration lacked the authority to use emergency powers to impose the tariffs. U.S. Customs has been processing claims through its CAPE system, with hundreds of thousands of declarations already submitted by importers.

Still, billions of dollars remain outstanding. BBC reported that about $29 billion in potential refunds are still under review, while another $1.6 billion is waiting on importers to provide banking details.

Major companies have already seen sizable reimbursements, including Amazon, which said it received about $600 million in refunds during the second quarter.

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By Mujeeb Osman
With 26 years of journalism experience across Urdu and English newspapers, he has built a reputation for thoughtful, community-focused reporting. Mujeeb Osman previously served as the Chicago in-charge of The Muslim Observer, where he covered local, national, and international issues impacting diverse communities. At Chicago Patriot News, he continues his commitment to delivering accurate, balanced, and compelling stories. His work reflects a deep interest in immigration issues, public policy, and American politics, areas he has followed closely throughout his career. At Chicago Patriot News, he continues his commitment to delivering accurate, balanced, and compelling stories that illuminate the challenges and perspectives shaping today’s public discourse.
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