Importers launch tariff refund process
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New legislation demanding refunds plus interest seeks to fill the gap in the Supreme Court's ruling against Trump's tariffs.
Tariff dividend checks were always a long shot, and tariff refund checks aren't likely. But consumers may yet get some of their money back.
Virginia Senators Tim Kaine and Mark Warner are co-sponsoring legislation to require refunds of $135 billion in illegal tariffs that the Supreme Court struck down.
The battle is just starting for the 300,000 businesses that want $134 billion in tariffs refunded.
The trade community can expect faster refunds, thanks to two recent upgrades to U.S. Customs and Border Protection’s Automated Commercial Environment Secure Data Portal that will prepare users for the transition to an electronic refund process on Feb. 6 ...