Tariff refunds put businesses on spot
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Taxpayers could be footing the bill for up to $650 million in interest for every month the refunds aren't processed.
The burden of Trump's illegal tariffs was spread across the American economy. The refunds likely won't cover all those costs.
Americans were promised $2,000 tariff rebate checks, but court rulings and shifting timelines have created confusion. What to know in Mississippi
President Donald Trump’s tariffs have had a colossal impact on Portland Coffee Roasters: The four-cafe company that also sells wholesale beans to other coffee shops and restaurants says it paid $370,000 in tariffs in 2025.
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.
UPS and FedEx have begun filing requests for some tariff refunds through the government's refund process, but those funds could take months to reach customers.
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.
U.S. Customs and Border Protection (CBP) opened a new online portal for tariff refunds on Monday, April 20, but they're for businesses, not individuals. The agency is slated to begin refunding companies that paid tariffs on imports after the Supreme Court ordered the government to return the funds.
About $300 billion worth of goods subject to Trump administration tariffs are avoiding the levies annually and reaching the US from Southeast Asia and Mexico, exposing enforcement vulnerabilities just as a review of the North American trade deal is set to begin.