US importers can begin seeking refunds for nullified tariffs on Monday
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A customs agent wears a patch for the U.S. Customs and Border Protection agency, Oct. 27, 2017, at John F. Kennedy International Airport in New York. (AP Photo/Mark Lennihan, file) NEW YORK (AP) — A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so launched Monday. Importers and their brokers could begin claiming refunds through an online portal beginning at 8 a.m., according to U.S.
AI Summary
Main Idea: U.S. importers can now apply for refunds of tariffs the Supreme Court said President Donald Trump imposed without legal authority, using a new Customs and Border Protection portal.
Key Points:
- The refund system opened Monday, and approved claims are expected to be paid in about 60 to 90 days.
- Customs and Border Protection said it will process refunds in phases, starting with more recent tariff payments and some claims that were estimated but not finalized.
- Businesses say the portal had technical problems at launch, and lawyers warned that careful filing will be needed because errors could lead to rejected claims.
- The refunds go first to importers, not shoppers, though some consumers may later benefit if companies or delivery firms pass the money back.
Impact on the People
Negative Impact
Households may wait for tariff refunds because the portal is buggy, claims are limited, and payments could take 60 to 90 days or longer.
Positive Impact
Importers, small businesses, and some shoppers could get money back after the Supreme Court ruled the tariffs were imposed without proper authority.
How did each entity affect people?
Rate how each entity in this article affected the American people.
- Primary:President Donald Trumpperson
Candidate Entities10 candidates · 5 weighted vote min · 70% decision
- President Donald TrumppersonPrimaryEvaluated
The tariffs at issue were imposed by him, and the article centers on the consequences of that action.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Supreme Court of the United Statesgovernment agency or bodyPrimaryAI selected
Its ruling that the tariffs were imposed without constitutional authority is the key event driving the story.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Customs and Border Protection electronic payment systembrand / productMajorAI selected
The online portal businesses must use to register and submit refund claims.
Include 0 (0%)Ignore 0 (0%)5 to threshold - FedExcompanyMajorAI selected
Named delivery company that collected tariffs from consumers and says it will return refunds to customers.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Princess AwesomecompanyMajorAI selected
Small business co-owner is featured trying to use the refund system and estimating tariff payments.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Ice MillercompanyContextCandidate
Law firm whose partner is quoted advising clients on filing refund declarations.
Include 0 (0%)Ignore 0 (0%)5 to threshold - Reed SmithcompanyContextCandidate
Law firm whose attorney is quoted describing client filings and CBP responsiveness.
Include 0 (0%)Ignore 0 (0%)5 to threshold
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