Trump administration begins accepting refunds on over $166bn in tariffs

The Trump administration began accepting refund applications on over $166 billion in tariffs on Monday, following a Supreme Court ruling that declared the president lacked legal authority to impose them. The new digital claims system, named Cape, can process around 63% of affected import filings, with more than 3,000 companies already seeking refunds. Impact on consumers remains uncertain.

Summary by Glance · The Guardian Australia