World Business Report

US businesses begin claiming tariff refunds

Apr 20, 2026
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ANECDOTE

Small Business Locked Out During Refund Rollout

  • Busy Baby founder Beth Benneke is owed $50,000 but was locked out of the customs portal so she couldn't submit a refund claim.
  • She waited on hold nearly four hours, filed multiple support tickets and emailed addresses with no resolution, illustrating early portal access failures.
ANECDOTE

Tariffs Forced Startups Into Fundraising And Extra Costs

  • Wild Rye founder Cassie Abel submitted roughly $250,000 in refund claims and faced confusion across multiple government portals but managed to have submissions accepted via the ACE portal.
  • She reported an additional half a million dollars in indirect costs like expedited shipping, diverted staffing and fundraising to manage tariff impacts.
INSIGHT

Scale And Key Requirements Shape The Refund Process

  • The Liberty Justice Centre expects a massive surge of claims: phase one covers ~65% of volume, part of a $166bn total repayment pool.
  • CBP requires importers to identify their importer-of-record and set up ACH via ACE or they'll miss automatic deposits.
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