The US Government just began refunding up to $166 billion in Trump-era tariffs after the Supreme Court ruled the policy unlawful.
Starting today, businesses can file claims through a new customs system. Over 330,000 importers across 53 million shipments are eligible. Refunds plus interest will be paid within 60 to 90 days of approval.
$166 billion flowing back into the economy on top of everything else the Fed and Treasury are doing. Add it to the list of liquidity events the market has to price in.
Starting today, businesses can file claims through a new customs system. Over 330,000 importers across 53 million shipments are eligible. Refunds plus interest will be paid within 60 to 90 days of approval.
$166 billion flowing back into the economy on top of everything else the Fed and Treasury are doing. Add it to the list of liquidity events the market has to price in.
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