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Trump Signals Long Slog for Companies Filing for Tariff Refunds

Bessent spins tariff returns as ‘corporate welfare’ while Congress shows little interest
Cranes and shipping containers at the Port of Long Beach in Long Beach, California, US, on Friday, Feb. 20, 2026.Photographer: Kyle Grillot/Bloomberg
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Donald Trump’s administration rushed out tariffs and trade negotiations last year to address what it saw as the national emergency of unfair trade imbalances. Ninety deals in 90 days was the soundbite from White House adviser Peter Navarro, the author of a book about working in a political fast lane he dubbed “Trump time.”

But when it comes to sending out refunds on those now-illegal import taxes, the administration’s need for speed has faded away.