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Companies scramble for tariff refunds as US readies claim process
The system will consolidate eligible claims into one electronic payment, with interest when applicable, after the Supreme Court struck down the tariffs.
- On Monday, U.S. Customs and Border Protection launches the Consolidated Administration and Processing of Entries portal at 8 a.m. EDT to accept tariff refund claims for duties struck down by courts under the International Emergency Economic Powers Act .
- A February Supreme Court ruling declared IEEPA tariffs unlawful, prompting the Court of International Trade to order CBP to refund duties collected under that authority to importers and customs brokers.
- As of April 9, about 56,497 importers had registered for electronic payment, with CBP estimating Phase 1 will distribute roughly $127 billion in eligible duties, representing approximately 63% of total IEEPA tariff refunds.
- Importers of record and customs brokers must submit declarations through the ACE Secure Data Portal, though industry executives expressed concern about potential logistical glitches and system durability during the initial filing rush.
- CBP officials estimate valid claims will take 60 to 90 days to process, with future phases planned to expand eligibility for the remaining 37% of duties amid ongoing industry concerns about potential administration appeals.
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22 Articles
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Companies scramble for tariff refunds
Jay Foreman said he's "locked and loaded" for the U.S. government's Monday launch of a new system to refund up to $166 billion in illegally collected tariff s, but he and many other importers are realistic that much still could…
·Helena, United States
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Upstract
Tariff refund system: What to know about portal for businesses
The system launches on April 20.
·Chicago, United States
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Total News Sources22
Leaning Left5Leaning Right1Center11Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 29%
C 65%
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