The $166 Billion Question: What Importers Need to Know About the Tariff Refund Process

If your business imported goods subject to the now-invalidated International Emergency Economic Powers Act (IEEPA) tariffs, you may be entitled to a substantial refund. As of April 20, 2026, the federal government has begun accepting refund applications through a new online portal, but importers should not rely on the system as the only path to recovery given ongoing technical and administrative challenges and the government's shifting approach to tariffs.... By: Katten Muchin Rosenman LLP