US Customs denies 15% of tariff refund requests via new online portal
Updated
Updated · Bloomberg · Apr 28
US Customs denies 15% of tariff refund requests via new online portal
13 articles · Updated · Bloomberg · Apr 28
Of 13.3 million import entries reviewed since April 20, about 15% were denied refunds for failing entry-specific validations, according to Customs and Border Protection executive Brandon Lord.
Thousands of US importers seeking refunds from $166 billion in overturned tariffs face difficulties with the largely automated portal, which was implemented after a Supreme Court decision.
The update was filed with the US Court of International Trade in Manhattan, highlighting ongoing challenges in processing large-scale tariff refund claims through the new system.
With billions in tariff refunds at stake, why is the new CBP portal failing so many US businesses?
The Supreme Court overturned $166B in tariffs. What happens to the money if refund claims are ultimately denied?
What specific 'entry-specific validations' are causing 15% of tariff refund requests to be denied?
Since consumers ultimately paid the tariffs, why do only importing companies receive refunds?
How will the administration's new tariffs impact US importers and international trade relations?
The Supreme Court curbed presidential tariff power. Is a new trade war starting under different rules?