Importers Face Long Wait for Tariff Refunds
Importers across industries expecting refunds of roughly $166 billion collected under now-invalidated Trump-era emergency tariffs face a prolonged and uncertain wait. That is according to a government filing that estimated more than 4.4 million hours of manual processing to handle the claims.
After the Supreme Court struck down the International Emergency Economic Powers Act (IEEPA) tariffs last month, UW Customs and Border Protection (CBP) told the Court of International Trade that refunding duties from more than 53 million import entries, of which 20.1 million remain unliquidated, presents an unprecedented logistical...
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