Apple Inc.Apple received $2.19 billion in tariff refunds after Supreme Court invalidated IEEPA levies.
Total refunds of tariffs collected under the International Emergency Economic Powers Act have exceeded $100 billion, after the U.S. Supreme Court invalidated the levies in February 2026, leaving the Trump administration liable for approximately $166 billion. Apple has already received $2.19 billion, while Walmart expects the largest refund at $2.4 billion, and other major recipients include Ford at $1.3 billion, Amazon at $600 million, and General Motors at $500 million. The administration has since imposed new tariffs under Section 301 of the Trade Act of 1974, ranging from 10% to 12.5% on more than 80 countries, which may reignite inflationary pressures.
Apple Inc.Apple received $2.19 billion in tariff refunds after Supreme Court invalidated IEEPA levies.
Amazon.com IncAmazon received $600 million in tariff refunds.
Walmart Inc.Walmart expects the largest refund at $2.4 billion.
Costco Wholesale Corp
Ford Motor CompanyFord received $1.3 billion in tariff refunds.
General Motors CompanyGeneral Motors received $500 million in tariff refunds.