Event Brief
UPDATED May 12, 2026 at 6:00 PM ET
May 12, 2026 at 2:03 PM ET
US finalized $35.5 billion in tariff refunds by May 11
By The BriefBrief
The U.S. customs agency processed $35.46 billion in refunds with interest as of May 11 for tariffs deemed illegal.
WHO: U.S. customs agency
WHAT: Processing of tariff refunds totaling $35.5 billion with interest
WHEN: May 12, 2026 at 1:02 PM ET
WHERE: USA
WHY: Refunds were processed for tariffs imposed by President Donald Trump that were deemed illegal by court action.
How this story developed (showing 2 of 2 earlier reports)
Reporting from 5 identified publishers across this event arc.
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Publishers represented across this event arc
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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