Minnesota’s Biggest Firms Are Getting Tariff Refunds. Some Smaller Companies Are Not.

Minnesota’s biggest firms are getting tariff refunds. Some smaller companies are not.

WASHINGTON, D.C. — JB Lures in Bemidji won’t be applying for a refund of the illegal tariffs they were forced to pay. The application process is just too complex for the small fishing tackle business that sells jigs, spinners and…

Most firms keep cash from tariff refunds, Fed study finds

The bulk of companies receiving billions in tariff refunds are mostly holding on to the cash, according to a survey released Monday by the Federal Reserve Bank of Atlanta.