The U.S. customs agency is readying a system within 45 days to process refunds on U.S. President Donald Trump’s tariffs that were struck down as illegal and importers will not have to sue for them, a customs official said in a court filing on Friday. The declaration by Brandon Lord, a top Customs and Border Protection official, came as government lawyers were meeting with a federal trade judge to hammer out a process for returning $166 billion in tariff payments to around 330,000 importers. The tariffs that were a central part of President Donald Trump’s economic policy were struck down as unconstitutional by the Supreme Court last month. However, the Supreme Court did not say how the collected tariffs should be refunded, worrying small importers that the process would be prohibitively expensive and time-consuming. “This new process will require minimal submission from importers,” Lord said in his declaration, which was filed with the U.S. Court of International Trade just as government lawyers began meeting with Judge Richard Eaton of the U.S. Court of International Trade. Eaton called
Rumors Arise That Some Iranian Security Forces Are Failing to Show Up for Duty
...
Read moreDetails


