Question 1

What happened to IEEPA tariffs?

Accepted Answer

On February 20, 2026, the US Supreme Court ruled that IEEPA (the International Emergency Economic Powers Act) did not authorize the executive branch to impose broad tariff schedules. The ruling struck down all IEEPA tariffs, including the reciprocal tariffs (EO 14257) and the fentanyl surcharges (EO 14195) that had applied to most US imports since April 2025. Importers who paid IEEPA tariffs during the period April 2025 through February 20, 2026 may be eligible for refunds.

Question 2

How much IEEPA money is refundable?

Accepted Answer

Estimates range from $160 to $175 billion in total IEEPA tariffs collected during the April 2025 to February 2026 period. Individual refund amounts depend on the products imported, their country of origin (which determined the IEEPA rate, from 10% to 46%+), declared values, and whether the entries have been liquidated. This calculator shows the IEEPA-specific portion for each product.

Question 3

What is the difference between PSC and protest?

Accepted Answer

A Post Summary Correction (PSC) is used for entries that have NOT yet been liquidated by CBP. A protest under 19 USC 1514 is used for entries that HAVE been liquidated. The filing deadline for protests is 180 days from the date of liquidation. PSCs can be filed anytime before liquidation. Your customs broker can determine which applies to each of your entries.

Question 4

Does the refund include interest?

Accepted Answer

Yes. Under 19 USC 1505(b), CBP is required to pay interest on refunded duties. The interest rate is set quarterly by the IRS and has been approximately 4-5% during 2025-2026. Interest accrues from the date of deposit to the date of refund. This calculator estimates interest based on the entry date provided.

Question 5

Are Section 301 and Section 232 tariffs also refundable?

Accepted Answer

No. The Supreme Court ruling applies ONLY to IEEPA tariffs (fentanyl emergency and reciprocal tariffs). Section 301 tariffs on China, Section 232 tariffs on steel/aluminum/copper, and MFN base rates are authorized under different statutes and remain in full effect. This calculator separates IEEPA duties from other tariff layers.

IEEPA Tariff Refund Estimator

IEEPA Refund Estimator

What Was Struck Down

What Still Applies

How to File

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