Episode Details
Back to EpisodesTariff Refunds: Connecticut Businesses Seek Relief
Description
Supreme Courts February ruling invalidated Trump-era tariffs, leaving businesses in a refund scramble. Connecticut companies, including Bigelow Tea and Lovesac, are seeking reimbursement for billions in payments. Customs and Border Protection is set to launch an online portal for claims in mid-April, but earlier payers may need to sue. Refunds come with interest, but only importers of record qualify, causing supply chain issues. Meanwhile, a new ten percent tariff took effect, leading to lawsuits from states like Connecticut.
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