U.S. Customs and Border Protection will open its refund claims system on Monday, giving companies a way to recover tariffs they paid under a policy later struck down by the Supreme Court of the United States.
Importers across the United States could claim more than $160 billion in total refunds. Major retailers stand to gain the most. Walmart may receive over $10 billion, while Target could get more than $2 billion. Nike is also expected to see a large return.
The system will allow businesses to file claims for past tariff payments and receive a single combined refund. Still, each claim must go through several checks, which could slow things down.
Many companies are not expecting quick payouts. Trade experts warn the process may face delays, legal issues, or even new policy changes. Some firms also worry about possible lawsuits, since they had already raised prices to cover earlier costs.
Business leaders say any refund could help strengthen finances, support operations, or reduce debt. However, most remain cautious as the process begins.
For now, companies are preparing to file claims while waiting to see how smoothly the system works and how long it will take to receive their money.
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