World Maritime News (121)
March 18, 2026
Customs ordered to refund $166bn in tariffs but it can’t comply (yet) After the U.S. Supreme Court ruled that IEEPA tariffs were illegal, CBP is now required to refund $166 billion to importers, but currently lacks the systems and manpower to comply. The agency is working to deploy new electronic refund capabilities within 45 days, while the court warns that delays could result in massive interest costs by year‑end. Meanwhile, the Trump administration’s fallback measure—a global 10% tariff unde


