CBP is working on 4-step tariff refund process
The agency detailed progress it’s made developing a dedicated system to process refunds for International Emergency Economic Powers Act tariffs.
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CBP preps tariff refund portal for April 20 launch
The system will go live at 8 a.m. EDT to begin the electronic returns process for an estimated $127 billion in tariffs, the agency said.
CBP: Tariff refund process will take 60-90 days to issue returns
The agency previously said its in-development system would deliver refunds up to 45 days after a request was submitted.
Supreme Court invalidates Trump tariffs based on emergency powers
In a 6-3 decision, the court rejected President Trump’s claim that a 1977 law gave him the authority to impose broad tariffs globally.
CBP raises accepted tariff refunds to $85B
As of Friday, about $20.6 billion in certified refunds with interest have been completed through Customs and Border Protection’s dedicated portal.
Tariff refunds: Court provides first step with liquidation order
The Court of International Trade on Wednesday directed Customs and Border Protection to remove defunct tariffs when finalizing non-liquidated entries.