Supreme Court Declares Trump’s $133 Billion Tariff Tax Illegal, Cue Refund Circus
KEY POINTS
- •The Supreme Court overturned Trump’s $133 billion tariffs on February 2026, deeming them illegally collected.
- •More than 1,000 companies, including Toyota and Costco, have filed lawsuits seeking refund claims from the government.
- •Refunds will be handled by the Court of International Trade, with an estimated process duration of up to two years.
On a legendary Friday showdown, the Supreme Court threw a $133 billion Trump-made tariff party into the 'illegal tax' dumpster, leaving Customs and Border Protection scrambling without refund instructions. Trump, calling the ruling 'terrible' and 'defective,' forecasted a torturous two-year refund showdown, where even Justice Kavanaugh predicted a 'mess' of billion-dollar import refunds tangled with consumer pricetag pass-offs. Over 1,000 companies, from pint-sized educational toy sellers to corporate giants like Toyota and Costco, are queued up to repossess their tariff dollars, while law experts nervously guess the Court of International Trade will channel its 'harbor maintenance tax refund' playbook from 1998 to tame the chaos. In the meantime, Shein shoppers dreaming of cashback face a costly quagmire, as solo refunds might cost more in legal fees than the tariffs themselves.
Share the Story
Trump’s $133B tariff tax just got Supreme Court ‘canceled,’ but the refund marathon’s gonna be messier than a toddler’s art project on diversity day.
The Supreme Court just served Trump’s tariffs an eviction notice; now every company wants their rent back, including Toyota and that wine importer you forgot existed.
Trump predicted two years of refund hell; turns out refunding illegal taxes is like assembling IKEA furniture blindfolded and with no instructions.
Source: Businessinsider | Published: 2/20/2026 | Author: Jacob Shamsian
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