The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption.

While Costco and other retailers wait for tariff refunds, Customs and Border Protection's existing systems can't handle $166 billion in refunds for 330,000 importers.

US Customs and Border Protection says its systems are not built to process massive tariff refunds, exposing a major ...

A tariff refund processing system should be in place within 45 days, a US Customs and Border Protection (CBP) agent said to the US Court of International Trade (CIT) on Friday. As reported by Reuters, ...

After more than 330,000 importers paid the illegal duties, US Customs and Border Protection (CBP) has started work on a ...

The US customs agency is preparing a system to refund $166 billion in illegal Trump tariffs to 330,000 importers.

Today, 24 states led by the state of Oregon filed the first lawsuit challenging Donald Trump's massive new Section 122 ...

Supreme Court handed down an opinion by Chief Justice John Roberts declaring unlawful President Donald Trump’s imposition of sweeping tariffs through the International Emergency Economic Powers Act.

As businesses scramble for advice on getting a tariff refund, law firms and hedge funds see huge payday ...

President Donald Trump’s “Liberation Day” tariffs last year had been supposed to change everything — as companies retaliated against new tariffs, economists predicted, prices would soar and the US ...

Discover how capitalism and free market economies differ and overlap, influencing nations to blend these systems for economic growth and stability.

President Donald Trump defended the tariffs and reiterated during his State of the Union address that he wants them to replace income taxes.