{"id":546324,"date":"2026-04-23T11:55:08","date_gmt":"2026-04-23T11:55:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/546324\/"},"modified":"2026-04-23T11:55:08","modified_gmt":"2026-04-23T11:55:08","slug":"asos-demands-7m-in-tariff-refunds-from-us-as-firms-rush-to-make-claims","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/546324\/","title":{"rendered":"Asos demands \u00a37m in tariff refunds from US as firms rush to make claims"},"content":{"rendered":"

In March, the US Court of International Trade ordered customs officials to refund the more than $160bn (\u00a3121bn) the government had collected in tariffs, putting roughly 330,000 importers in line for potential reimbursements.<\/p>\n

The refunds relate to levies charged under the International Emergency Economic Powers Act (IEEPA).<\/p>\n

As of early April, more than 56,000 importers had completed the necessary steps to apply for refunds online when the portal opened, with their claims worth $127bn.<\/p>\n

On Monday, one small business owner told the BBC<\/a> he was able to find his way through the portal just minutes after it opened.<\/p>\n

However, another told the BBC’s US partner CBS News, external<\/a> that when he tried to file a claim he received a message saying: “The system is currently experiencing high volume, please try again later.”<\/p>\n

He said the system appeared to be “overwhelmed”.<\/p>\n

US Customs and Border Protection has said successful applicants can expect refunds, as well as any applicable interest, to be paid in 60 to 90 days.<\/p>\n

However, some individual consumers, who were hit by the tariffs indirectly through higher prices, are not expected to be compensated<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"In March, the US Court of International Trade ordered customs officials to refund the more than $160bn (\u00a3121bn)…\n","protected":false},"author":2,"featured_media":546325,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-546324","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/546324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=546324"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/546324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/546325"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=546324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=546324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=546324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}