Oshkosh Begins Receiving U.S. Tariff Refunds Under $166B Program
Oshkosh has started receiving partial disbursements as part of the $166 billion U.S. tariff refund program after the Supreme Court invalidated import duties. Basic Fun has collected $400,000 of its $7.4 million claim so far, with valid payments expected within 60 to 90 days of claim acceptance.
1. Refund Program Background
The U.S. Treasury launched the CAPE portal to process up to $166 billion in refunded duties after the Supreme Court invalidated the import tariffs earlier this year. Importers file claims electronically, with CBP aiming to issue valid refunds within 60–90 days of acceptance.
2. Oshkosh’s Refund Receipts
Oshkosh has confirmed that payments have begun arriving, marking its first inflows from a claim whose total value has not been publicly disclosed. These initial disbursements could bolster the manufacturer’s near-term liquidity and reduce past tariff expenses.
3. Basic Fun’s Partial Payments
Basic Fun filed a $7.4 million refund claim and has so far collected $400,000 through the same program. The toy maker joins over 330,000 importers with claims spanning 53 million shipments nationwide.
4. Expected Timeline and Impact
CBP reported that over 56,000 importers completed enrollment by early April, representing $127 billion in claims under review. Companies can expect standard payments within three months, though complex entries may face longer scrutiny.