US Says $20.6 Billion of Tariff Refunds On the Way to Importers

Approximately $20.6 billion is on its way to importers who successfully filed claims using the new web portal developed by US Customs and Border Protection, the agency said Tuesday in a court filing.

However, the government’s latest declaration to the US Court of International Trade also included an admission of a significant error in its last report to the federal judge overseeing the tariff refund process, showing the value of the refunds being processed in the early weeks of the program was far lower than previously thought.

Two weeks ago, a US trade official said thatmore than $35.5 ...