Consumers might end up getting refunds, but it’s complicated — it will be up to business owners to decide what to do with refunds, if they do end up coming through.
Federal customs authorities are set to begin processing refunds next week for import taxes struck down by the Supreme Court. But for small businesses, the process could get complicated.
Before they were overturned by the Supreme Court, the Trump administration’s tariffs announced on April 2, 2025, cost U.S. consumers and small businesses a lot of money.