US Set to Launch $166bn Tariff Refund System Following Supreme Court Ruling
Updated
Updated · NBC News · Apr 15
US Set to Launch $166bn Tariff Refund System Following Supreme Court Ruling
53 articles · Updated · NBC News · Apr 15
The U.S. will launch a new system on April 20 to refund $166 billion in unlawful tariffs paid by importers under Trump’s administration.
The CAPE system will consolidate refunds into electronic payments, with interest where applicable, and aims to process most claims within 60-90 days.
While importers are set to benefit, surveys indicate companies do not plan to pass refunds on to consumers, and related legislation remains stalled in Congress.
With only 20% of firms enrolled, will the new refund system collapse?
A judge ordered automatic refunds, so why must businesses still apply online?
After one tariff was struck down, is the new 15% global tariff legal?
Is selling your tariff refund claim to a hedge fund a smart move?
How did a U.S. Supreme Court ruling help boost China's economic forecast?