Business owners across the region are now applying to recover money paid under tariffs that were largely struck down earlier this year. Refunds are expected within 60 to 90 days, assuming no additional court rulings delay the process.
Certified by U.S. Customs and Border Protection, bonded warehouses allow importers to delay paying duties until merchandise is sold or moved, which has made them highly sought-after during times of trade uncertainty. However, the surge in demand has nearly exhausted the supply.