business / news / / Times of India
Refunds for tariffs imposed by US President Donald Trump are set to begin rolling out to American businesses soon.
US Customs and Border Protection will launch an online portal for tariff refund claims this week.
KEY POINTS
- Only cases where tariffs were estimated, not finalized, or within 80 days of accounting qualify initially.
- Over 56,000 importers are eligible for $127 billion in refunds, but not all claims qualify at first.
- Big retailers like Walmart are expected to receive significant refund amounts from previously paid tariffs.
COMPANIES
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