Phil Neuffer is the Managing Editor at Over the Monster. He specializes in business and economics, with a focus on supply chain and logistics, customs and trade compliance, and international trade laws. Phil's work has been featured in ABF Journal, Bogaerts, Christian, Supply Chain Dive, Monitor, Utility Dive, Game Developer, and Yahoo Finance.
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The system will go live at 8 a.m. EDT to begin the electronic returns process for an estimated $127 billion in tariffs, the agency said Tuesday.
The apparel brand predicts that inventory will be flat on a unit basis this year as it continues to tangle with tariff headwinds.
By: Phil Neuffer
The automaker still projects up to $3.5 billion in duty costs in 2026, primarily driven by Section 232 levies, including those on steel and aluminum
The agency said this week it anticipates returning funds to importers as early as May 11.
The U.S. president said he would install the levy next week because the bloc “is not complying” with a trade agreement struck last summer.
By: Phil Neuffer
The automaker is still prepping for a $1 billion hit from tariffs in 2026 while projecting sizable commodity headwinds.
The agency is reviewing levies installed under the statute during the first Trump administration while advancing additional probes.
A recently launched agency portal has validated and begun paying returns for over 8 million entries subject to duties struck down by the Supreme Court this year.
A greater range of industrial and agricultural equipment made with the metals will temporarily face a reduced 15% levy starting June 8, per the White House.
The Department of Justice said the Court of International Trade lacks the authority to mandate refunds for all finally liquidated entries.
