The Trump administration said it has refunded about $100 billion of the tariff revenue that was collected before President Donald Trump's "liberation day" duties were struck down by the Supreme Court. Those tariffs were scrapped in late February after the high court ruled IEEPA did not authorize them. "Supreme Court gave us a little shot, but we're allowed to do it in a different manner." In the meantime, the Trump administration has been doling out refunds to the defunct IEEPA regime. U.S. Customs and Border Protection in late April implemented a system called Consolidated Administration and Processing of Entries, or CAPE, to track and deliver tariff refunds.