Trump Tariff Refunds Start Hitting Importers’ Bank Accounts (1)

The Trump administration has begun paying out refunds for the $166 billion in global tariffs that the US Supreme Court declared unlawful earlier this year.

Trade lawyers told Bloomberg News that some of their clients have received money in their bank accounts as of Wednesday. One attorney, Daniel Cannistra of Crowell & Moring, declined to name his client or the amount they had received, but did say that the company’s payment included interest. He said that more companies had received notice that they’re scheduled to get refund payments starting Thursday.

Chicago-based trade lawyer Mollie Sitkowski, at Faegre Drinker Biddle ...