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Importers can claim $127B in tariff refunds after Supreme Court limits presidential tariff powers.

Market News
20 Apr 2026
Seeking Alpha
View Source
Bullish
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Importers in the U.S. can now request refunds totaling about $127 billion in tariffs following a Supreme Court ruling that limited the president's authority to impose broad tariffs under the International Emergency Economic Powers Act. The refund process, managed by U.S. Customs and Border Protection, begins April 20 and includes interest payments. Meanwhile, Walmart is piloting faster delivery by storing third-party marketplace goods in store back rooms, Google is partnering with Marvell to develop new AI chips, and psychedelic stocks surged after a Trump executive order supporting PTSD treatment research.

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