US launches tariff refund portal

Over 330,000 importers are estimated to be eligible for refunds totaling approximately $166 billion.

The portal's launch was met with reports of technical errors as thousands of companies attempted to file declarations simultaneously.

While the system aims to streamline the reimbursement process, experts suggest it may take several months for businesses to receive their funds.

The ruling represents a significant legal setback for the administration’s trade policies and a major windfall for affected corporations.