The US Customs and Border Protection says it presently can't comply with an bid to process billions of dollars successful refunds stemming from tariffs imposed by President Donald Trump. In a filing connected Friday, CBP enforcement manager Brandon Lord says the agency's integer import processing strategy is "not good suited to a task of this scale," as reported earlier by CNBC.
The CBP's admittance comes aft the Supreme Court struck down the tariffs imposed by Trump nether the International Emergency Economic Powers Act (IEEPA) past month. This week, the International Trade Court ruled that importers impacted by the tariffs are entitled to refunds with one …
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