US tariff refunds begin for Oshkosh and Basic Fun
Oshkosh and Basic Fun received initial tariff refunds after a court ruling invalidated import taxes. The government owes $166 billion to many importers.
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OSHKOSH CORP and Basic Fun received partial payments of a $166B tariff refund pool following a United States Supreme Court ruling in May 2024. The payments follow the invalidation of Trump-administration import taxes that affected over 330,000 importers and 53 million shipments. This liquidity release ends years of legal uncertainty for retailers and manufacturers facing high input costs from illegal duties.
