IEEPA Tariff Refund
Recover Overpaid Import Tariffs from the U.S. Government
March 2026 update: CBP has acknowledged ~$166 billion in IEEPA refunds owed to 330,000 importers and has requested a 45-day window just to build its refund processing system. A Supreme Court petition challenging Section 301 China tariffs was also filed on February 20, 2026. Importers across all three programs are taking action now. OBC Fund is actively reviewing claims.
What Happened
A Supreme Court Ruling Just Created a Multi-Billion Dollar Refund Opportunity
On February 20, 2026, the U.S. Supreme Court issued a landmark 6-3 decision ruling that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were unconstitutional finding that the authority to impose tariffs belongs to Congress, not the executive branch.
The ruling immediately invalidated over $166 billion in IEEPA tariff collections. CBP Commissioner Brandon Lord confirmed that approximately $166 billion is owed back to around 330,000 U.S. importers.
Separately, legal challenges to Section 301 China tariffs and Section 232 steel and aluminum tariffs are actively progressing through the courts creating potential recovery opportunities for importers across those programs as well.
What It Means for Your Business
Our Program
Three Tariff Programs. One Partner Who Understands All of Them.
Each program has a different legal foundation, a different recovery timeline, and a different level of certainty. OBC Fund works across all three and we'll tell you honestly what your claim is actually worth before you make any decisions.
IEEPA Tariff Refunds
$133B+
The Supreme Court ruled IEEPA tariffs unconstitutional in February 2026. The government's refund obligation is legally established. The uncertainty is timing not whether you'll be paid.
Section 301 China Tariffs
$100B+
Tariffs on Chinese imports (2018-2024) are being challenged in Court of International Trade. Multiple favorable rulings for importers already secured.
Section 232 Steel & Aluminum
$14B+
25% steel and 10% aluminum tariffs imposed under “national security” authority are being challenged. Multiple lawsuits questioning constitutional basis.
Two Ways We Can Help
Not Every Importer Needs the Same Solution
The right path depends on your cash flow situation, how quickly you need capital, and your appetite for waiting on a government process with no confirmed timeline. OBC Fund offers both options and our specialists will help you figure out which one makes more sense for your business.
Tariff Refund Buyout
Best for: Businesses that need capital now and want to eliminate the administrative burden entirely.
OBC Fund purchases your tariff refund receivable outright. You receive an immediate cash payment 40–50% of your verified IEEPA claim value within days of closing. No loans, no debt, no monthly payments. Once the deal closes, OBC Fund assumes full responsibility for government processing, CBP filings, and any administrative burden going forward.
Filing Assistance
Best for: Businesses that have the cash flow to wait and want to pursue the full government refund.
OBC Fund connects you with licensed customs broker partners who file your refund claim directly with CBP on your behalf. We coordinate the process, help you get your documentation in order, and make sure your claim is submitted accurately and on time so you don't have to navigate CBP's ACE system alone.
How it works
From First Conversation to Resolution: A Process Built Around Your Timeline
Who this serves
Industries hit hardest by tariffs and most eligible for recovery
Businesses across every major import sector paid significant duties under IEEPA, Section 301, and Section 232. If your industry is on this list, your business may have a substantial recoverable claim worth reviewing.