Oshkosh, Basic Fun receive first U.S. tariff refunds

2 min readUpdated May 12, 2026

Oshkosh and Basic Fun have begun receiving partial payments on their claims for refunds of import tariffs that the U.S. Supreme Court struck down earlier this year, according to Reuters.

Of a $7.4 million claim, Basic Fun CEO Jay Foreman said his company has so far collected $400,000. "So far, the funds are trickling out but they have started," Foreman told Reuters. The company's product lines include Tonka trucks, Care Bears, and K'Nex construction toys. The total refund sought by heavy-truck maker Oshkosh has not been made public, though the company confirmed payments have begun arriving.

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CBP launched its refund portal — called the Consolidated Administration and Processing of Entries, or CAPE — on April 20. The agency said importers and customs brokers should expect valid refunds to be issued within 60 to 90 days of a claim being accepted, though some entries subject to further review may take longer.

The refund program opened to importers on April 20 after a period of resistance from the Trump administration. Treasury Secretary Scott Bessent called the refunds "corporate welfare" and President Donald Trump described them as an "undeserved windfall." A federal judge ordered the White House to begin laying the groundwork for the program, and a judge at the U.S. Court of International Trade ruled that companies were entitled to the money.

The refunds flow to importing businesses, with no legal requirement to pass the money on to consumers or downstream buyers. Some companies, including FedEx $FDX, have said they plan to return refunds to customers who were directly billed for the tariffs. Costco $COST has also indicated it will offer discounts to customers using whatever it recovers. The question of whether consumers will see any of the money has drawn attention from lawmakers and prompted class-action lawsuits against several major retailers.

Oshkosh and Basic Fun start receiving U.S. tariff refunds

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