US Refunds More Than $20 Billion in Trump-Era Tariffs, With $65 Billion More Expected
The US has refunded more than $20 billion in Trump-era tariffs to importers and shippers after the Supreme Court in February struck down the duties, according to a court filing. Another $65 billion is still expected to be paid out.
US Customs and Border Protection said in a Tuesday filing that about $20.6 billion was on its way to importers who successfully filed claims through a new web portal developed by the agency. The remaining payments suggest Customs is still processing a large volume of claims tied to the court's February ruling.
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@cointelegraph🇺🇸 JUST IN: U.S. importers have already received $20 billion in tariff refunds after the Supreme Court struck down Trump-era tariffs, with another $65 billion still expected to be paid out.
@nbcnewsThe Trump administration has refunded more than $20 billion so far in tariffs to importers and shippers, according to a court filing, after the Supreme Court struck down the cornerstone of President Trump’s trade policy in February. https:/
@businessApproximately $20.6 billion is on its way to importers who successfully filed claims using the new web portal developed by US Customs and Border Protection, the agency said Tuesday in a court filing