May 13, 2026 9:27 AM
US has finalized tariff refunds of $35.5 billion as of May 11
The U.S. customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal, according to a Tuesday court filing. As of 7 a.m. ET on May 11, the U.S. Customs and Border Protection had received 126,237 applications for refunds covering an undisclosed number of shipments or entries, according to the court filing. The agency said it had validated 86,874 of those applications covering 15.1 milli...


