Trump tariff refunds are actually happening – and businesses should pay attention

Business owners may have to wade through paperwork, but the US government is now processing refunds When the supreme court struck down Donald Trump’s tariffs , many small importers assumed any refunds would be tied up in bureaucracy for years. Surprisingly, that’s not what’s happening. It’s estimated that roughly 330,000 importers paid more than $166bn in tariff fees imposed by Trump under the International Emergency Economic Powers Act (IEEPA). If your business was affected here’s good news: you can get your tariffs refunded. You just need to be a little patient. Continue reading...

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