$128bn tariff refunds – the money has moved, yet not everyone has been paid

Customs says it has certified $127.7 billion in unlawful emergency-duty refunds. Court records reveal an impressive processing system, a nearly $1 billion banking-information bottleneck and a legal divide that still leaves some importers waiting. The United States has built a remarkably efficient machine for returning money it was never entitled to collect. The question is who gets to use it. By October 23, US Customs and Border Protection (CBP) had certified approximately ...

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