▶️ ONE OF THE LARGEST REPAYMENTS IN US HISTORY IS HERE


The US has officially begun refunding up to $166 BILLION in tariffs. As of yesterday, April 20, Customs & Border Protection launched the new "CAPE" refund portal. Over 330,000 importers that paid duties on 53 MILLION shipments, under the now-invalid IEEPA tariffs, are expected to file claims. As of April 14th, 56,497 importers had already registered, representing $127 BILLION in eligible refunds, more than 75% of the total. Refunds are expected to be processed within 60 to 90 days, with the first payouts flowing by mid-June to mid-July. Only companies that paid the tariffs directly qualify. Consumers who absorbed the costs through higher prices get nothing back. Meanwhile, Trump has already reimposed a 10% global tariff under Section 122 of the Trade Act. This marks one of the LARGEST repayment efforts in US history. #crypto
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin