New York businesses can seek Trump tariff refunds; Hochul demands White House repay consumers $1,700 per household | amNewYork
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New York businesses can seek Trump tariff refunds; Hochul demands White House repay consumers $1,700 per household | amNewYork
"Governor Kathy Hochul stated that New Yorkers absorbed an estimated $13.5 billion in added costs from the tariffs, averaging about $1,700 for each family. She emphasized that the state will continue to fight for relief for households, farmers, and small businesses."
"Hochul pointed out that while the initial refunds are aimed at businesses that directly paid the tariffs, consumers who paid higher prices should not be excluded from relief efforts, highlighting the broader impact of the tariffs on everyday New Yorkers."
New York businesses can now apply for refunds related to illegal tariffs imposed by the Trump administration, as announced by Governor Kathy Hochul. The refund process, initiated by U.S. Customs and Border Protection, allows importers and customs brokers to file claims through the ACE trade portal. The first phase targets specific unliquidated entries and some liquidated within the last 80 days. Hochul emphasized that consumers who faced higher prices should also receive relief, as New Yorkers incurred approximately $13.5 billion in additional costs due to these tariffs.
Read at www.amny.com
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