The Trump administration is in the process of issuing more than $35.5 billion to importers who successfully filed for tariff refunds after the US Supreme Court found the president’s signature economic policy unlawful, according to a new court filing.
The payments are being processed through a new online government portal and will include interest on duties paid across more than 8 million import entries, said Brandon Lord, executive director of trade programs for the Customs and Border Protection’s Office of Trade.
As of May 11, the tool designed to handle claims on the $166 billion in duties that were ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.