Trade

Tariff Ruling Kicks Off Fight Over $170 Billion in Refunds

A container ship leaves the Port of Newark in Elizabeth, New Jersey.
Photographer: Michael Nagle/Bloomberg

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By Zoe Tillman, Laura Curtis, Isabel Gottlieb, and Jaewon Kang

February 20, 2026 at 4:21 PM UTC

Updated on

February 20, 2026 at 7:03 PM UTC

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Thousands of companies and importers are set to launch what could be a prolonged battle to try to recoup as much as $170 billion in tariffs they’ve already paid to the US government after the Supreme Court struck down a key tool in President Donald Trump trade policy.