US EditionTrump says he’ll ‘remember’ companies that don’t seek tariff refund
CBP’s new portal could return up to $166 billion in tariff payments, while Trump praised companies that have not yet filed claims.
- On Tuesday, President Donald Trump warned he will "remember" companies seeking tariff refunds, characterizing firms pursuing the money as "the enemy" after the Supreme Court struck down his IEEPA tariffs.
- The Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act in February, prompting U.S. Customs and Border Protection to launch the CAPE portal on April 20 to process roughly $127 billion in refund claims.
- While companies like Costco Wholesale Corp. and FedEx Corp. sued to preserve refund rights, Apple Inc. and Amazon.com Inc. have avoided filing—a move some experts view as an attempt to sidestep Trump's displeasure.
- Trump told CNBC his administration is working to impose alternative tariffs under Section 301 of the Trade Act of 1974, claiming these mechanisms may produce "bigger numbers" despite being "a little more unwieldy."
- Judge Richard Eaton issued a temporary stay on the refund system Tuesday, ordering CBP to submit a progress report by April 28 even as the portal continues accepting submissions despite reported technical glitches.
49 Articles
49 Articles
Donald Trump has to pay for his customs policy. Thousands of companies are refunded the extra costs – but a group is running out of money.
Trump: I'll 'Remember' Firms That Skip Tariff Refunds
Companies eyeing billions in tariff refunds just got a pointed message from President Trump: skip the money, and he'll "remember" it with gratitude. A day after the government opened an online portal for businesses to claim refunds on duties the Supreme Court found unlawful, Trump told CNBC it would be...
U.S. President Donald Trump said he would remind companies to refuse to apply for reimbursement of tariffs paid after the Supreme Court cancelled a large portion of their tariffs. “It would be great if they didn’t,” Trump said Tuesday at CNBC in response to a question about whether companies like Amazon.com and Apple should apply for refunds for tariffs that are now considered illegal. “If they don’t, I’ll remember them.” In February, the Suprem…
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