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US customs agency says tariff refund system progressing, but payments may take up to 45 days
The agency said the portal will process claims in phases and may take up to 45 days per application.
- On Tuesday, U.S. Customs and Border Protection official Brandon Lord reported the agency's new tariff refund portal is 60% to 85% complete, aiming to return more than $166 billion in contested duties.
- The Supreme Court struck down President Donald Trump's broadest global tariffs under the International Emergency Economic Powers Act in February, dealing a blow to his administration's central economic policy.
- Tariff-Refunds Lawyers recently raised concerns in court about excluding "final" duties, which Lord stated would prevent meeting the mid-April deadline for the portal's initial phase.
- Launching by mid-April, the portal will initially handle claims for about 63% of 53 million import entries, with CBP's system potentially taking up to 45 days to review and process applications.
- Some 26,664 importers have registered for electronic refunds representing $120 billion in duties, covering 78% of contested entries; however, the agency has not provided a timeline for subsequent phases.
25 Articles
25 Articles
US customs says tariff refunds progressing, payments may take up to 45 days
WASHINGTON: The US customs agency said on Tuesday it was making progress in setting up a streamlined process for refunding some US$166 billion in tariff collections deemed illegal by the Supreme Court, but that its new system could take up to 45 days to review and process refund applications.
Feds unable to process billions in tariff refunds owed by Trump
President Donald Trump's administration tariff refund portal will process only 63 percent of 53 million import entries when it launches, according to a court filing. U.S. Customs and Border Protection told the U.S. Court of International Trade the system cannot immediately handle refund claims for the remaining one-third of entries without providing a timeline for subsequent phases. The Supreme Court declared Trump's tariff orders unlawful in Fe…
US customs agency says tariff refund system progressing, but payments may take up to 45 days
By David Lawder WASHINGTON, March 31 (Reuters) – The U.S. customs agency said on Tuesday it was making progress in setting up a streamlined process for refunding some $166 billion in tariff collections deemed illegal by the Supreme Court, but that its new system could take up to 45 days to review and process refund applications. In a filing with the U.S. Court of International Trade, U.S. Customs and Border Protection official Brandon Lord sai…
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