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Judge Orders Government to Pretend Trump’s Tariffs Never Happened

KEY POINTS

  • On February 20, the Supreme Court struck down Trump’s tariffs imposed via the IEEPA national emergency law.
  • Judge Richard K. Eaton ordered US Customs and Border Protection to refund importers and recalculate duties ignoring those tariffs.
  • Eaton will oversee refund cases involving potentially up to $175 billion in tariffs paid after the April 2025 executive order.

In a masterstroke of financial déjà vu, Judge Richard K. Eaton of the US Court of International Trade decreed on a chilly Wednesday that importers who grudgingly coughed up Trump’s IEEPA tariffs after the April 2025 'Liberation Day' executive order may now get refunds. The Supreme Court’s 6-3 smackdown on February 20 declared these double-digit tariffs illegal, shaking US Customs and Border Protection into recalculating duties as if 2025’s tariff tsunami was just a bad dream. Eaton vowed to be the sole refund shepherd, overseeing shipments stuck in a 180-day liquidation limbo, while the Penn Wharton Budget Model hinted at a $175 billion refund headache for Uncle Sam—who apparently still can’t decide whether to comment.

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Source: Businessinsider | Published: 3/5/2026 | Author: Lloyd Lee

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