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U.S. Customs and Border Protection (CBP) said in a filing on Friday that it currently cannot process billions in tariff refunds because its import-processing system is “not well suited to a task of this scale.” The Verge reports: The CBP’s admission comes after the Supreme Court struck down the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA) last month. This week, the International Trade Court ruled that importers impacted by the…
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U.S. Customs and Border Protection (CBP) said in a filing on Friday that it currently cannot process billions in tariff refunds because its import-processing system is “not well suited to a task of this scale.” The Verge reports: The CBP’s admission comes after the Supreme Court struck down the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA) last month. This week, the International Trade Court ruled that importers impacted by the…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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