Reuters reported that the United States has launched its refund system for returning reciprocal tariffs yesterday (20th), with thousands of US companies logging in to seek refunds.In February, the US Supreme Court ruled that tariffs imposed by US President Donald Trump under national emergency laws were unconstitutional. In court filings, Customs stated that as of April 9, about 56,497 importers had completed the necessary steps to receive electronic refunds, totaling USD127 billion, accounting for more than 75% of the total amount eligible for refunds. More than 330,000 importers had paid the tariffs in question on 53 million import shipments.Related NewsCore PCE Price Index MoM for Mar in United States is 0.3%, lower than the previous value of 0.4%. The forecast was 0.3%.The report cited a toy company saying the online registration process has been generally smooth so far, although the system sometimes does not allow document uploads, forcing them to try again. The company has more than 500 files that need to be uploaded to the system. (fc/w)
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