
"The refund system set up to allow companies to recover illegally collected tariffs from the United States government has gone live as thousands of companies rushed to file claims."
"Foreman said the system didn't crash as some had feared it might under the onslaught of attempted submissions but rather would sometimes not allow an upload and force them to retry."
"Companies contacted by the Reuters news agency in recent days expressed concerns about the durability of the new system, created by US Customs and Border Protection in response to a court order."
"The US Supreme Court in February struck down the tariffs that President Donald Trump pursued under a law meant for use in national emergencies, handing the Republican president a stinging defeat."
A new refund system for importers to recover illegally collected tariffs has been implemented, with over 330,000 importers affected. The system allows claims for up to $166bn on 53 million shipments. Initial reports indicate some glitches, but the system has not crashed. As of April 9, over 56,497 importers had begun the refund process, totaling $127bn. The US Supreme Court's decision in February invalidated tariffs imposed by President Trump, prompting the creation of this refund system by US Customs and Border Protection.
Read at www.aljazeera.com
Unable to calculate read time
Collection
[
|
...
]