multi source·48m ago·6 sources analyzed
US launches tariff refund system for businesses to claim taxes
The US Customs and Border Protection has opened a portal for businesses to apply for refunds on tariffs. This follows a Supreme Court ruling that invalidated the previous tariff policy. (sources: france24, theguardian, foxnews, nytimes, npr)
ModernAction Briefing
The US has initiated a refund system for businesses to reclaim billions in tariffs after a Supreme Court decision. The portal is now accepting applications.
- The refund portal was launched by the US Customs and Border Protection.
- The Supreme Court ruled that the previous tariff policy was not legally authorized.
- Businesses can now apply for refunds on over $166 billion in tariffs.
Why it matters
The refund system aims to address financial impacts on businesses affected by the overturned tariff policy.
No specific legislation identified for action yet.
Top coverage · 6 sources
france24US tariff refund system launches for companies to claim billions in import taxestheguardianTrump administration begins accepting refunds on over $166bn in tariffsfoxnewsAfter Supreme Court blow, Trump admin launches $166B tariff refund portalnytimesTrump Administration to Begin Refunding $166 Billion in Tariffs