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Tariff refund system launching soon. What does it mean for consumers?
Government officials will soon launch a system to begin issuing refunds to importers who paid tariffs. Here's what it means for you.
Harmonized Tariff Schedule
The Harmonized Tariff Schedule of the United States (HTS) sets out the tariff rates and statistical categories for all merchandise imported into the United States.
U.S. set to launch tariff refund system on April 20 - NBC News
U.S. Customs and Border Protection said in a court filing Tuesday that it has completed developing the initial phase of the refund system, known as CAPE.
Tariff - Wikipedia
A tariff, or import tax, is a duty imposed by a national government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods or raw materials and is paid by the exporter.
Fact Sheet: President Donald J. Trump Strengthens Tariffs on Steel ...
In June 2025, President Trump boldly increased the steel and aluminum tariff rates to 50% — a level strong enough to ensure the strengthening of these critical industries.
What Is a Tariff and Why Are They Important? - Investopedia
A tariff is a tax imposed by one country on the goods and services imported from another country to influence it, raise revenues, or protect competitive advantages.
What Are Tariffs and How Do They Work? | GovFacts
A tariff is a tax that governments place on goods coming into their country. You might also hear them called duties or customs duties— trade experts use these terms interchangeably.
Tariff Simulator 2026 - US Import Duty, Customs Fees & Tax Calculator ...
Get instant insights on how tariffs affect your imports. Search by product name or upload HTS codes to see real-time duty calculations. Tariff Simulator is provided for general informational purposes only to assist importers of record with their own corporate compliance activities.
Tariff Overview - U.S. Customs and Border Protection
This document provides a high-level overview of tariff requirements. The President has imposed new tariffs on imported goods under the International Emergency Economic Powers Act (IEEPA) and Section 232 of the Trade Expansion Act of 1962.
Tariff Check - Current Tariffs by Country & Products
A tariff is a government fee on imported goods, often used to protect local industries or for other economic and political reasons, which can ultimately increase the cost of those goods for consumers and businesses. Who pays a tariff? The company importing the goods always pays the tariff.
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