US Businesses Hunt Trump’s ‘Lost’ Tariff Refunds Like Socks in Dryer
KEY POINTS
- •The Consumer Technology Association and US Chamber of Commerce filed a brief demanding swift tariff refunds for small businesses.
- •The Supreme Court ruled in February the tariffs imposed by Trump in April last year were illegal under the International Emergency Economic Powers Act.
- •Judge Richard K. Eaton confirmed businesses are 'entitled' to refunds, while major firms like Costco and Toyota pursue billions in lawsuits.
In an astonishing display of bureaucratic hide-and-seek, major US trade groups like the Consumer Technology Association and US Chamber of Commerce are rushing the Trump administration to quickly pay back small businesses slapped with illegal tariffs since April last year. After the Supreme Court's February 6-3 mic drop declaring those tariffs illegal, Judge Richard K. Eaton cheerily confirmed refunds are 'entitled.' Meanwhile, big names like Costco, Toyota, BYD, and FedEx jump-started refund lawsuits, chasing supposedly billions owed. Neil Bradley frets about trial lawyers cashing in on the misery, while Ed Brzytwa reminds us that for small startups, this isn’t pocket change: it’s ‘existential.’ The Trump team, of course, remains silent — likely busy perfecting the art of strategic ghosting.
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(1 of 3)Tariff refunds to small biz are like promised phone calls from exes — declared 'entitled' but still mostly imaginary. Meanwhile, trial lawyers’re sharpening their carving knives. Waiting for Trump’s administration to respond? Don’t hold your breath; hold a void instead.
When your Supreme Court ruling says 'pay up,' but the FedEx and Costco refunds feel like waiting for a package that never ships.
Small businesses wait for Trump’s tariff refunds like they’re queued for a roller coaster that’s been ‘temporarily closed for legal reasons.’
Source: Businessinsider | Published: 3/5/2026 | Author: Aditi Bharade
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