Unwinding Trump’s Tariff Mess

(AURN News) — A major court battle over tariff refunds is turning into a logistical crisis for the federal government. In a sworn filing, U.S. Customs and Border Protection said it cannot quickly carry out a federal court order requiring refunds of tariffs imposed under emergency powers.

According to CBP, more than 330,000 importers paid those tariffs on more than 53 million shipments, totaling about $166 billion. Roughly 20 million entries still have not been finalized.

The agency said processing refunds manually would take about 4.4 million labor hours, and its current system can handle only 10,000 entries at a time.

Officials also said many filings bundle multiple tariffs together, meaning staff must calculate refunds individually. CBP said it is now racing to build an automated system and estimates it could be ready in about 45 days.


Click play to listen to the report from AURN White House Correspondent Ebony McMorris. For more news, follow @E_N_McMorris & @aurnonline.

- Advertisement -

The post Unwinding Trump’s Tariff Mess appeared first on American Urban Radio Networks.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Conservative Wisconsin Supreme Court justice won’t seek reelection

(The Center Square) – Conservative Wisconsin state Supreme Court...

Oil futures top $108 a barrel, prices at the pump keep climbing

(The Center Square) – As the U.S.-Israeli-Iran conflict continues,...

Citing ‘inappropriate’ relationship, Ohio State president resigns

(The Center Square) – The president of Ohio State...

FBI says devices found near NYC mayor’s home after protest

(The Center Square) — Two Pennsylvania men are in...

Beasley Allen, facing DQ from talc cases, can’t push pause

Tens of thousands of lawsuits alleging cosmetic talc causes...

Delay costs Boston its opioid lawsuit against PBMs

It took too long for Boston to realize it...

Gulf Coast Amtrak route exceeds capacity projections

(The Center Square) – Amtrak’s new rail service between...

More like this
Related

Conservative Wisconsin Supreme Court justice won’t seek reelection

(The Center Square) – Conservative Wisconsin state Supreme Court...

Oil futures top $108 a barrel, prices at the pump keep climbing

(The Center Square) – As the U.S.-Israeli-Iran conflict continues,...

Citing ‘inappropriate’ relationship, Ohio State president resigns

(The Center Square) – The president of Ohio State...

FBI says devices found near NYC mayor’s home after protest

(The Center Square) — Two Pennsylvania men are in...