In Tariff Refund Process, First Payment Set to Go Out May 11

The Trump administration said the first tariff refund payment is set to go out around May 11, even as thousands of US importers encounter issues with a new online portal designed to handle claims on the $166 billion in duties that were overturned by the Supreme Court.

About 21% of import entries subject to tariffs under the International Emergency Economic Powers Act, or IEEPA, have been accepted so far to have those duties removed through a new Customs and Border Protection process, which began last week, according to an order Tuesday by Judge Richard Eaton the US Court of International Trade.