Containers at the Port of Oakland, in Oakland, California, United States, on Thursday, March 26, 2026.
David Paul Morris | Bloomberg | Getty Images
A few months after the Supreme Court ruled some tariffs unconstitutional, the first round of fare refunds began rolling in.
Oshkosh Company Chief Financial Officer Matt Field confirmed to CNBC that the company began receiving rate refunds starting Tuesday.
“After our initial deposit was accepted, we began receiving payments on our rate refund claims, representing an initial portion of our total submitted claims,” Field said.
The company has not yet verified the total amount of its reimbursement, Field added.
Basic Fun, the company behind the Care Bears and Tonka trucks, also told CNBC that it began receiving duty refunds on Tuesday.
CEO Jay Foreman said refunds so far represent only 5% of the total amount the company claimed on its first invoices.
“We will use the refunded dollars to support our cash flow for 2026 and invest in our team. This is the most challenging time of year for toy companies,” Foreman said in a statement. “We will also announce to our staff that we will be increasing salaries to help offset the increased cost of living, announcing promotions and larger merit increases. We are reinvesting the funds into our business and our people.”
Logistics companies UPS, FedEx And DHL have already stated that they will request fare refunds on behalf of their customers, with no further action on their part. The first phase of duty refunds only covers entry requests finalized by CBP within the last 80 days, although this process can take months to reach customers.
U.S. Customs and Border Protection said in a court filing that it plans to refund $35.46 billion on 8.3 million shipments as of Monday morning.
In February, the Supreme Court struck down tariffs imposed by President Donald Trump under the International Emergency Economic Powers Act of 1977. In the months that followed, businesses began requesting tariff refunds through a portal called Consolidated Administration and Processing of Entries.
In a radio interview with WABC Tuesday morning, Trump called the tariff refund situation “crazy.”
“In theory, you have to pay back the tariffs. We will fight that,” Trump said. “We were getting fortunes from people who hated us, from countries and companies who hated us.”