US launches refund portal for Unconstitutional Trump Tariffs
US launches refund portal for unconstitutional Trump tariffs
Just for business claims so far. But its a good sign.
5 comments
US launches refund portal for unconstitutional Trump tariffs
Just for business claims so far. But its a good sign.
transtraders
OP5 months agoTariff refund portal woes add insult to injury for small business owners caught in Trump’s trade war
recped
·5 months agoHere is the actual CPB webpage that has all the details:
https://www.cbp.gov/trade/programs-administration/trade-remedies/ieepa-duty-refunds
It's expected Walmart will be looking for $10+ Billion in refunds.
I won't speculate if EIS Canada is smart enough to be seeking refunds but I'm quite sure that if they do get any they will not be refunding the buyers.
Zones might go for refunds for Canada Post shipments, they might refund CP users but of course they will be deducting a service fee which might wipe out many refunds.
Q2 financials for a number of big companies are going to show increased profits from this windfall even after any tariffs they actual covered out of their own pockets.
fergua3
·5 months agoi'm very surprised this happened. I figured Trump would block it somehow, or just defy SCOTUS. It's going to take a big bite out of the 'hundreds of billions' Trump claims he's made from tariffs. Another set back for the orange fool. Goody. They're really starting to pile up.
mrdutch1001
·5 months agofor all those sellers here who were/are thinking they will get refunded, best to consider the realities....it's the BIG companies that may benefit from those refunds ...
reallynicestamps
·5 months agoAnd the chances of them refunding their customers anything, whether that is the Trump Tariff or the added markups , is close to nil.