multi source·3h ago·6 sources analyzed
Businesses Begin Applying for Tariff Refunds Amid Technical Issues
Businesses can now request refunds for tariffs deemed unconstitutional. Some have reported difficulties with the new online portal. (sources: cbsnews, fortune, thehill, ap)
Image: ap
ModernAction Briefing
Starting Monday, businesses began applying for refunds related to tariffs from the Trump administration that the Supreme Court ruled unconstitutional. Reports indicate that some businesses are experiencing technical issues with the refund portal.
- The refund process was initiated through an online portal launched by U.S. Customs and Border Protection.
- Businesses may face a wait of 60-90 days to receive their refunds.
- $166 billion in tariff refunds is available for eligible businesses.
Why it matters
The refund process could provide significant financial relief to businesses affected by the unconstitutional tariffs.
No specific legislation identified for action yet.
Top coverage · 6 sources
cbsnewsBusinesses start requests for Trump tariff refunds, but glitches reported in new portalfortune$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantagethehillTariff refund system for businesses scheduled for launch on MondayapBusinesses can claim refunds for Trump tariffs ruled unconstitutional starting Monday