SF politics
fromwww.mediaite.com
2 weeks agoFox Business Host Pushes Back as Trump Official Says Spirit Shutdown Going Pretty Darn Well'
Spirit Airlines shutdown has led to concerns about reduced competition in the airline industry.
Jet fuel tends to be an airline's biggest expense. An analysis by the International Air Transport Association showed that, for the week ending March 27, the weekly average price of jet fuel has skyrocketed 116.8 per cent compared to the previous year's average.
Federal regulations outline that in the case of an overpayment for duties, including those determined to be illegal, those payments must be returned with interest. U.S. Customs and Border Protection (CBP) outlines this interest compounds daily at an annualized rate of 4.5% for overpayments more than $10,000 and 6% on overpayments less than that.
Crucially, any refund goes to the importer of record - not the final consumer downstream. Take a simple case: You import a widget directly from overseas, pay the IEEPA tariff to clear customs, and get it released. As the importer of record, you can pursue a refund via PSC.
European laws have helped civilise the online landscape, but now we can only look on in envy at some new features launched by Apple that are not available to users here We said we wanted Big Tech to be regulated. But is it worth losing out on features and services? Maybe, maybe not. But there's now a gap opening between us and places like Britain and the US in mainstream services we can get from our tech because of new EU regulation.