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Global Business News

The Economic Times

Global Business / The Economic Times

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Trump tariff refunds may finally be in sight as first payouts expected by May 11

The Trump administration is set to issue its first tariff refunds around May 11, following the Supreme Court's ruling that the sweeping duties were illegal. A new process, CAPE, is handling the refunds, with approximately 3% of affected entries already in the payment stage. This process could cover billions in duties paid by hundreds of thousands of importers.

30 Apr 2026 6:42 am