On February 20, 2026, the Supreme Court struck down IEEPA-based tariffs in a 6-3 decision. Over 330,000 U.S. businesses are now eligible for refunds totaling an estimated $166 billion, plus 6% annual interest.
Total Refund Pool
$166B
Illegally collected IEEPA tariffs owed back to importers
Businesses Eligible
330k+
U.S. companies that paid struck-down IEEPA import tariffs
Interest Accruing Monthly
$650M
6% annual interest adds up while CBP processes claims
Affected Entry Lines
53M+
Individual customs entries subject to refund claims
Find out if your business is owed money from the struck-down IEEPA tariffs. Takes 60 seconds, no account required.
330,000+ businesses are eligible
Key Date
CBP's CAPE portal for filing IEEPA tariff refund protests is expected to open mid-April 2026. The 15% Section 122 replacement tariff expires automatically on July 23, 2026 unless Congress acts.
180-day filing deadline applies from liquidation date for each entry.
| Country / Region | IEEPA Rate | Effective Date | Struck Down |
|---|---|---|---|
| China | 20% | 2025-02-04 | Feb 20, 2026 |
| Canada | 25% | 2025-03-04 | Feb 20, 2026 |
| Mexico | 25% | 2025-03-04 | Feb 20, 2026 |
| European Union | 20% | 2025-04-09 | Feb 20, 2026 |
| Japan | 24% | 2025-04-09 | Feb 20, 2026 |
| South Korea | 25% | 2025-04-09 | Feb 20, 2026 |
| Taiwan | 32% | 2025-04-09 | Feb 20, 2026 |
| Vietnam | 46% | 2025-04-09 | Feb 20, 2026 |
| India | 26% | 2025-04-09 | Feb 20, 2026 |
| Other Country (Elevated Rate) | 20% | 2025-04-09 | Feb 20, 2026 |
| Other Country (Baseline 10%) | 10% | 2025-04-05 | Feb 20, 2026 |
All rates above were imposed under IEEPA emergency authority and were struck down by the Supreme Court on February 20, 2026. Businesses that paid these tariffs are entitled to a full refund plus 6% annual interest.
President invokes IEEPA national emergency authority to impose 20% tariff on all Chinese imports, citing fentanyl crisis.
25% IEEPA tariffs imposed on Canadian and Mexican imports under a separate border-security emergency declaration.
10% baseline reciprocal tariff applied to all countries not already subject to elevated IEEPA rates.
Country-specific reciprocal tariffs imposed: EU 20%, Japan 24%, South Korea 25%, Taiwan 32%, Vietnam 46%, India 26%.
Multiple industry groups and states file suit in the Court of International Trade challenging IEEPA tariff authority.
The Federal Circuit affirms CIT ruling that IEEPA does not grant unlimited tariff authority; government appeals to SCOTUS.
The Supreme Court holds 6-3 that IEEPA does not authorize broad tariff powers. All IEEPA tariffs declared void. $166B in refunds triggered.
Administration invokes Section 122 to impose a temporary 15% tariff (expires July 23, 2026) and opens Section 301 investigations to build a permanent tariff framework.
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