Raw materials, components, and industrial inputs imported between February 2025 and February 2026 are fully refundable. The Supreme Court said so.
Typical Manufacturing refund: $250K – $2.5M
IEEPA tariffs on Chinese components added 24.5% to your input costs
Manufacturers importing from Mexico faced 25% IEEPA duties on top of existing rates
Taiwan-sourced semiconductor components carried a 32% IEEPA rate
Many manufacturers passed costs to customers — but the refund still goes to the IOR
A Midwest auto parts manufacturer importing stamped steel components and electronic control units from China and Taiwan paid approximately $1.03M in IEEPA duties over 11 months. After CAPE filing, CBP issued an $892,000 ACH refund — representing 86% of total IEEPA duties paid.
Yes. IEEPA duties applied to virtually all imported goods regardless of whether they were raw materials, components, or finished products. If you were the Importer of Record and paid IEEPA duties, you qualify.