Tariff Refund Process Returns Billions To U.S. Importers

The U.S. government has begun refunding billions of dollars in tariff payments to U.S. importers after the Supreme Court struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The total amount that must be returned to importers is estimated to be between $130 billion and $175 billion.

PHOTO © JERRY GLASER, USCBP 

Read More: Tariff Refund Process Ramps Up as Billions Returned to Importers