Thursday, May 7, 2026
Did a judge rule that Oklahoma’s corporations are entitled to a refund for the overturned Trump tariffs?
In February, the U.S. Supreme Court ruled President Trump’s April 2025 imposition of a slate of tariffs, imposed under the invocation of the Emergency Economic Powers Act, unconstitutional.
In March, the U.S. Court of International Trade ruled in favor of a Tennessee filler company claiming the right to a tariff refund, stating that all importers of record are entitled to benefit.
Estimated IEEPA tariffs paid through December 2025 total nearly $130 billion, including $787.6 million in Oklahoma, according to Axios.
Customs and Border Patrol could pay out an estimated $175 billion in refunds, though its recently launched refund portal is available only to importers using CBP’s electronic payment system, leaving more than 80% of importers ineligible.
Businesses are not obligated to issue refunds to American consumers, though delivery companies such as UPS and FedEx have promised to pass refunds on to consumers who paid direct tariff fees.
This fact brief is responsive to conversations such as this one.
Sources
- Holland and Knight Court of International Trade Orders Nationwide Tariff Refunds, But Expect Government to Appeal
- The Supreme Court of the United States 24-1287 Learning Resources, Inc. v. Trump (02/20/2026)
- AP News Judge rules companies are entitled to refunds for Trump tariffs overturned by the Supreme Court
- Axios Which states paid the most of Trump's overturned tariffs?
- Penn Wharton Budget Model Supreme Court Tariff Ruling: IEEPA Revenue and Potential Refunds
- CATO Institute IEEPA Tariff Refunds Are Far from Ideal—and Could Get Farther
- NPR The tariff refund process has begun for businesses. What about customers?
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Fact briefs are bite-sized, well-sourced explanations that offer clear "yes" or "no" answers to questions, confusions, and unsupported claims circulating online. They rely on publicly available data and documents, often from the original source. Fact briefs are written and published by newsrooms in the Gigafact network.
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