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News in English (USA) / 22.04.2026 / 06:00

Tariff Refund Portal Launches Amidst Mixed Reactions from Businesses

The Trump administration has officially launched a $166 billion tariff refund portal, allowing businesses to begin claiming refunds on tariffs previously paid on imports. However, many small business owners express skepticism about the process, citing potential complications and uncertainties regarding eligibility. As the system goes live, larger companies like FedEx and UPS are reportedly looking to pass these refunds to customers. Despite the potential cash influx for some, economists warn that consumers might not see the benefits, predicting even higher prices resulting from these tariffs. The portal has already faced issues, with some reporting glitches as businesses rush to apply for refunds. President Trump has encouraged companies to file for refunds, stating he will remember those who do not participate, while other leaders advocate for direct refunds to affected families. The landscape remains complicated, with many stakeholders watching closely as the situation unfolds.
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