Tariff refund rollout starts

U.S. Customs and Border Protection will open the first phase of the IEEPA tariff refund system on April 20, but refunds will be slow — CBP says payments will take 60–90 days after submission. The rollout is narrow and many companies will be excluded from the first wave, so eligible firms may still face working-capital delays. (ourtake.bakerbotts.com) (retaildive.com)