US says first refunds from Trump tariffs expected around May 11
The portal has processed 75,000 claims, and officials say the first refunds could reach businesses around May 11.
- President Donald Trump's administration is expected to begin issuing the first tariff refunds around May 11, according to an order filed Tuesday in the U.S. Court of International Trade.
- The U.S. Supreme Court ruled 6-3 earlier this year that the tariffs were illegal; Trump denounced the ruling as "terrible" and "totally defective," then imposed a 10% global tariff.
- About 21% of entries have been accepted for duty removal through the CAPE process, which could cover about $166 billion in duties paid by more than 330,000 importers on roughly 53 million entries.
- Customs and Border Protection is managing the refund process, with approximately 3% of accepted entries currently in the payment stage; refunds go to importers, though FedEx and UPS may pass savings to consumers.
- U.S. Court of International Trade Judge Richard Eaton noted that CBP guidance will appear on their website next month, as the court addresses complex questions regarding interest rates and calculation methods.
66 Articles
66 Articles
Official documents set out the date on which the first reimbursements of tariffs are expected to be delivered: when and who will be able to receive them
stonecountyenterprise.com
Court-ordered tariff refunds bypass consumers who paid
(The Center Square) – The Trump administration has begun returning $166 billion in tariff refunds, launching a new portal for U.S. importers to claim their money back, but consumers who paid higher prices on imported goods are unlikely to see…
How the US Government Plans to Refund Billions in Tariffs
When the Supreme Court struck down President Trump’s tariffs, it triggered a $166 billion refund process. On today’s Big Take podcast: the logistics of that payout and how soon businesses can expect relief.
Krishnamoorthi presses CBP to ensure small companies get tariff refunds
U.S. Customs and Border Protection’s system for issuing tariff refunds risks putting small businesses at a disadvantage, Rep. Raja Krishnamoorthi (D-IL) is warning, calling on the agency to ensure those companies receive the payments they are owed and to provide data on the disbursements. Krishnamoorthi raised concerns about the refund process in an April 29 letter to CBP Commissioner Rodney Scott, citing reports of “website crashes, confusing i…
Coverage Details
Bias Distribution
- 68% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
