Tariff Refund Portal Opens for Businesses

Summary

U.S. Customs and Border Protection launches an online portal for businesses to claim refunds on tariffs deemed unconstitutional by the Supreme Court. Importers can now file declarations for their goods, with refunds expected in 60-90 days, starting with the newest payments. Business owners are cautiously optimistic, with concerns about potential delays af…

Show notes

U.S. Customs and Border Protection launches an online portal for businesses to claim refunds on tariffs deemed unconstitutional by the Supreme Court. Importers can now file declarations for their goods, with refunds expected in 60-90 days, starting with the newest payments. Business owners are cautiously optimistic, with concerns about potential delays affecting cash flow. Over 56,000 importers are eligible for $127 billion in refunds, including interest. Lawyers advise double-checking entries t

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