Tariff refund portal off to bumpy start
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U.S. importers who paid tariffs the Supreme Court ruled illegal are nearing refunds, but shoppers who paid higher prices likely won’t see one.
U.S. importers, such as Walmart and Target, could be in line for billions in tariff refunds as the government launches its claims-filing portal on Monday.
A US Customs and Border Protection agent and their K9 inspect boxes of tools at the U.S.-mexico border - Rebecca Noble/Bloomberg via U.S. Customs and Border Protection will be launching a tariff refund site for international importers on Monday,
Makers of power equipment, heavy machinery and air conditioners have been among the big winners in the US stock market this year, but renewed tariff concerns put them at risk of stumbling as earnings season gets underway.