Listed company announcements show that since July, several companies have announced that they have received US tariff rebates. According to the US Supreme Court ruling in February this year, the International Emergency Economic Powers Act does not authorize the president to levy large-scale tariffs. The US International Trade Court then ordered customs to process the relevant refunds. The Customs and Border Protection Service initiated the first phase of the refund process on April 20. The first batch of refunds was issued around May 11. Information disclosed by US Customs and Border Protection officials on the 4th of this month shows that by the end of July, the department had processed the refund process for about 100 billion US dollars of tariffs and provided relevant information to the Treasury Department for payment.

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