Refunds came after the supreme court ruled Trump overstepped his authority in enacting sweeping tariffs

US importers are expected to receive $85bn in tariff refunds after the supreme court struck down Donald Trump’s tariffs in February, according to US Customs and Border Protection (CBP), the agency that collects tariffs.

Importers and shippers have so far been refunded $20bn, according to court documents filed on Tuesday, with about $65bn more on the way.

After months of uncertainty and higher costs, American businesses largely welcomed the supreme court’s ruling that Trump overstepped his authority in enacting sweeping tariffs, including a baseline 10% tariff on all imports. It was the first time the highest court overruled Trump’s policies in his second term.