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Tariff refunds begin on Monday. These retailers are due big paydays [MSNBC.com]
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watch nowVIDEO1:4601:46How companies like Walmart and Target could get back billions in tariffs refundsDigital OriginalU.S. importers, ranging fromdecisionHopes are high for a smooth launch of the system that will facilitate the refunds, but companies and Wall Street analysts are tempering their expectations that companies will get the money back quickly.Trade lawyers are warning of bureaucratic hurdles, legal vulnerabilities, as well as the possibility of a last-minute appeal by the Trump administration."[Importers] are pessimistic that the government is going to make this easy. They're anticipating that the government is going to make it as difficult as possible to get their money back," said trade attorney Matthew Seligman, principal at Grayhawk Law."There's frustration because the Supreme Courtalready ruledTariff refund claims portal opens MondayU.S. Customs and Border Protection (CBP) is set to roll out a tariff claims-filing portal – known as the Consolidated Administration and
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- Tariff refunds begin on Monday. These retailers are due big paydays Tariff refund claims portal opens Monday Retailers due big refunds Retailers could be in line for big tariff refunds Ticker Company Estimated refund WMT Walmart $10.2 billion TGT Target $[Acquire Media Monitor]
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