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Why Tariff Refunds Might Not Lower Prices

DeFi Daily News by DeFi Daily News
January 20, 2026
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If the Supreme Court rules the tariffs are illegal, the refund process could become a lengthy back-and-forth between courts. Meanwhile, consumers are unlikely to see price drops as businesses deal with cash flow crunches. CNBC’s Lori Ann LaRocco breaks down the three likeliest scenarios and why businesses will still be left waiting for their money.

Produced, Shot and Edited by: Charlotte Morabito
Reporting by: Lori Ann LaRocco
Animation: Jason Reginato, Emily Park
Addition Production Support: Isabel Iino, Andy Cedeno
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images

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Why Tariff Refunds Might Not Lower Prices

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Tags: businesses paying tariffsCourt of International Tradeimport tariffsimporter refundsimporters court fightpricesrefund claimsrefundsSupreme Court tariffstarifftariff casestariff disputestariff lawsuitstariff money stucktariff refund delaystariff refund processtariff refundstariff refunds timelinetrade court casestrade law explainedtrade litigationtrump tariffsU.S. tariffs
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