Tag: IEEPA
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Customs and Border Protection has told a federal court that the last stage of its IEEPA refund system opens on October 6. Roughly 11.4 billion dollars is at stake, and only importers who sued can touch it By the US Trade Desk WASHINGTON, September 20, 2026. United States Customs and Border Protection has confirmed that…
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Seven months after the Supreme Court struck down the IEEPA tariffs, more than 100 billion dollars has flowed back to US importers, but small businesses, government appeals and a wall of class actions leave tens of billions in limbo WASHINGTON, September 14, 2026 The largest tax refund operation in American history is now well past…
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Seven months after the Supreme Court struck down the IEEPA tariffs, more than $128 billion in refund claims are moving through Customs, a Wall Street market in refund rights is booming, and a Federal Circuit appeal could still upend it all By the US Trade Desk, Peacock Tariff Consulting WASHINGTON, September 11, 2026 The largest…
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Trump promises $5,000 “Trump Dividends” funded partly by tariff revenue if Republicans hold Congress, reviving a rebate idea that economists and some GOP senators have panned WASHINGTON, September 10, 2026 President Donald Trump vowed Wednesday night to send a $5,000 “dividend” to every American citizen after the midterm elections, funded in part by his administration’s…
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With 132 billion dollars in invalidated IEEPA tariffs moving through CBP’s refund pipeline, a delayed third phase, 1.7 billion dollars stranded over missing bank details, and a government appeal threaten to slow the largest duty giveback in American history WASHINGTON, September 1, 2026: The largest customs refund operation ever attempted by the United States government…
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Tariff refunds ordered after the Supreme Court’s IEEPA ruling have exceeded new tariff collections every month since May, new data show, wiping out net customs revenue and complicating the administration’s fiscal claims WASHINGTON, Aug. 23, 2026 The federal government is now paying out more in tariff refunds than it collects in tariffs, a reversal without…
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Federal trade court upholds the president’s elimination of the $800 de minimis exemption, cementing duties on billions of low-value parcels and handing the White House a rare win on emergency tariff powers WASHINGTON, August 17, 2026 — The era of duty-free small parcels is not coming back. In a decision handed down August 13 and…
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The Court of International Trade rules that IEEPA authorized the president to rescind the $800 duty-free threshold, drawing a line between eliminating an exemption and imposing a tariff, and closing the last realistic path to reviving the loophole NEW YORK, August 16, 2026. A three-judge panel of the United States Court of International Trade has…
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The Court of International Trade rejects Detroit Axle’s challenge and upholds presidential authority to rescind the 800 dollar duty free threshold, closing the last realistic path to revival NEW YORK, Aug. 15, 2026. A three judge panel of the United States Court of International Trade ruled Thursday that President Donald J. Trump lawfully rescinded the…
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More than $121 billion in claims and roughly $100 billion paid out, yet the small importers who absorbed the cost of the invalidated IEEPA tariffs say the money is landing everywhere except with them. A refund program built for importers of record is now colliding with class actions, congressional bills and the midterm campaign. WASHINGTON,…