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CBP certified $127.7bn in duty refunds, but not all importers have been paid
US Customs says it has certified $127.7bn in refunds of unlawful emergency duties, while court records point to a nearly $1bn banking-information bottleneck and a legal divide that leaves some importers waiting.
According to the report, by October 23 US Customs and Border Protection (CBP) had certified about $127.7bn in refunds of unlawful emergency duties. The article's headline rounds the figure to $128bn.
Court records are said to show an efficient processing system, alongside a nearly $1bn bottleneck involving banking information. A legal divide also remains, leaving some importers waiting for payment.
The report frames the issue as who gets to use the refund machine.
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