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News Wrap: U.S. could start refunding invalidated tariffs in 45 days

News Wrap: U.S. could start refunding invalidated tariffs in 45 days

Summary

U.S. Customs and Border Protection plans to begin refunding invalidated tariffs in about 45 days. Additionally, storms with a risk of tornadoes are affecting the central U.S., and GOP Representative Tony Gonzales has announced he will complete his term but not run for re-election.

Key Facts

  • The U.S. Customs and Border Protection will set up a process in 45 days for refunding tariffs declared invalid.
  • These refunds will be available to hundreds of thousands of companies.
  • Storms are moving through the central United States, with warnings about possible tornadoes.
  • Representative Tony Gonzales, a member of the GOP, will not seek re-election.
  • Gonzales declared he would finish his current term before leaving office.

Source Information