So far, there have been no refunds of the Trump tariffs totaling just over SEK 1,500 billion that the US Supreme Court invalidated in February.
The US Customs and Border Protection (CBP) says it will take 60 to 90 days after an application has been received before payments are made, says Felinda Livgård, US expert at the Swedish College of Business, given all the requirements that must now be handled.
Trump criticizes the court
President Donald Trump hopes that as many people as possible who paid the invalidated tariffs will refrain from requesting refunds. In a CNBC interview, Trump says he will “remember” with gratitude those who did not.
"I'm not happy with the Supreme Court, to be honest," he adds.
The demand that the Trump administration repay the so-called IEEPA tariffs, which were invalidated by the Supreme Court, is being worked out in a US trade court. But that ruling can be appealed until June.
So there is still a certain amount of uncertainty about this, Livgård notes.
Despite this uncertainty, CBP this week launched an online tool called CAPE, which allows importers and customs agents in the US to claim back payments of IEEPA duties.
In a calculation from December last year, the Swedish Board of Trade estimated that approximately 37 percent of Sweden's exports to the US were covered by the IEEPA tariffs.
If you are a Swedish company that used a customs agent, you should contact the agent to discuss how you can get your money back, says Felinda Livgård.
Several customs investigations are ongoing
Since the IEEPA tariff setback, the Trump administration has temporarily imposed so-called 122 tariffs of 10 percent on all countries. They will remain in effect until July 24, unless the US Congress gives the green light for an extension.
But there are also several investigations underway in the US that pave the way for, among other things, so-called 301 tariffs. These can be imposed if it can be established that trading partners such as the EU are overproducing or applying illegal trade practices.
New 232 tariffs targeting medical technology, robotics and industrial machinery are also being investigated. How they will affect EU countries like Sweden is difficult to determine, as there is an agreement between the Trump administration and the EU on a maximum of 15 percent in tariffs for certain goods.
The value of Swedish exports to the US fell by 14.7 percent from April 2025 to January 2026 compared to the corresponding period a year earlier. In comparison, Swedish exports overall fell by 3.7 percent during the period.
The strengthening of the krona against the dollar is having an impact. But according to the Swedish Board of Trade, it is clear that the Trump administration's tariffs have also had an effect. The decline is particularly clear in sectors with additional so-called 232 tariffs, such as vehicles.
Source: Swedish Board of Trade
On July 31, 2026, the United States will impose additional tariffs, known as Section 232 tariffs, on patented pharmaceuticals. They are motivated by what it describes as threats to US security.
Since last year, the Trump administration has introduced the following 232 tariffs (also called sectoral tariffs):
25 percent on semiconductors, certain semiconductor technology and certain semiconductor derivatives
50 percent on steel, aluminum and copper
25 percent on certain goods containing steel, aluminum or copper (so-called derivatives), with the exception of a few goods that instead receive a 15 percent tariff
15 percent on imports of passenger vehicles, light trucks and vehicle parts
25 percent on medium and heavy vehicles
10 percent on buses
between 10 and 25 percent on wood and furniture; for goods originating in the EU a maximum duty of 15 percent applies
Source: Swedish Board of Trade
