Tariff refund portal off to bumpy start
Digest more
5h
The tariff refund process is starting. Why experts say American consumers aren't likely to benefit
The Trump administration's sweeping tariffs increased costs on U.S. families by an average of roughly $1,745, according to one recent estimate.
The Trump administration opened a refund portal Monday for $166 billion in tariff payments—but businesses say new levies already threaten to swallow the windfall.
More than $160 billion in tariff refunds are due for U.S. importers.
The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
The Trump Administration is preparing to roll out one of the largest financial reversals in recent U.S. policy history. Following a major ruling by the ... Read More
Gov. Kathy Hochul says the Trump administration owes New Yorkers $13.5 billion because of tariffs and called for $1,700 refunds for New York families.
Importers of European cheese, a sleeping bag company for infants and a ceramics business are pushing for and against potential new tariffs.
American consumers and businesses. With the new global tariff, consumers will continue to feel the burden of price hikes.