A refund system for businesses that paid tariffs which the U.S. Supreme Court eventually struck down… is scheduled to launch on Monday. Reporter Bernie Bennett has the story. [CutID: <Cuts> TARIFF REFUNDS-bennett-v-MONam.mp3 Time: 29s Title: TARIFF REFUNDS-bennett-v-MONam Out-cue: “soc”] VERBATIM: U.S. Customs and Border Protection says importers and their brokers will be able to begin […]
Audio
Businesses Can Apply for Tariff Refunds
A refund system for businesses that paid tariffs which the U.S. Supreme Court eventually struck down… is scheduled to launch on Monday. Reporter Bernie Bennett has the story.
[CutID: <Cuts> TARIFF REFUNDS-bennett-v-MONam.mp3
Time: 29s
Title: TARIFF REFUNDS-bennett-v-MONam
Out-cue: “soc”]
VERBATIM:
U.S. Customs and Border Protection says importers and their brokers will be able to begin claiming refunds online beginning at 8 a.m.
It’s the first step in a complicated process that also might eventually lead to refunds for consumers who were billed for some or all of the tariffs on products shipped to them from outside the United States.
In a 6-3 decision, the Supreme Court ruled in late February that President Donald Trump usurped Congress’ taxation authority when he set double-digit import tax rates on products from almost every other country.
Bernie Bennett reporting.