US Finalises Tariff Refunds of $35.5 Billion

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US ⁠Customs and Border Protection validated over 80,000 applications for refunds covering ⁠an undisclosed number of shipments or entries.

Tariffs Are Down, But Uncertainty Is Back

Major importers from ​carmakers to sportswear company Under Armour have said they expect a profit boost from tariff ⁠reimbursements. (Pexels)

The US customs agency has processed refunds including interest worth $35.46 billion as of May 11 for tariffs imposed by President Donald Trump last year that were deemed illegal, according to a Tuesday court filing.

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