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Businesses Got Squeezed by Trump’s Tariffs. Now Some of Them Want Their Money Back

As president Trade officer for one of the largest sellers in Amazon, Owen Car He cost him more than ever. This is because the chairs, which usually reach $ 79 on Amazon, was among the first Chinese imports subject to minimal Definitions From 145 percent-a rate in the sky It was imposed by President Donald TrumpWhen they reached a port in Seattle in late April. “I was paying more than the habits than the factory for the goodness itself,” says Car. “The mind is confused.”

Now his company, Spreeetail, is part of a narrow category of importers asking whether the Trump administration has a recovery. On May 12, Trump reached a 90 -day trade war truce with China, and reduced the minimum tariffs of China to only 30 percent. The rate was already almost a month, from April 10 to May 14. “We thought there would be an agreement, but we did not think it would be so quickly and that is low,” says Car.

A few commercial lawyers who spoke with Widan say that they told customers that the recovered amounts are unprecedented and unlikely – but it is not impossible. Companies that had to push the highest rate believed to be unfairly in Trump’s hasty negotiations. “There is still a chance of” the recovered sums, “says Michael Roll, a partner in Roll & Harris. I will not bet on that. “

Trump, Congress, or courts will allow to exempt a new tariff for companies that occurred in the commercial deal to recover the recovered amounts to become a reality. Lawyers say their customers were pressuring the Trump administration and legislators of exemptions, including measures retroactively that would lead to the recovery of money. It is not a trivial request. Companies that make cars, potatoes and drugs have survived the policies of other tariffs.

In response to a question from WIRED about the possibility of recovery, American customs and border protection, which manages customs tariffs and exemptions, said that President Trump’s executive order to reduce the tariff did not call for a retrospective application.

Trump sees his commercial policies as decisive to increase American industrialization and gain power over China. But his movements began to erode prices and choose the long -term products for American consumers, According to retail data and experts. Lawyers say that giving 115 percent to merchants who paid a high tariff will help avoid increasing more prices and allow them to stay on his feet if Trump renews the high customs tariffs. “Despite all the most profitable and largest companies, this was destroyed,” says Ron Olinic, a partner at the Holland and Knight Law Office.

Lawyers say that paying a tariff even once can have long -term consequences for small to medium -sized companies. The US bases require importing bonds – actually insurance – so that the government can claim at least some money from companies that flutter the law and do not pay what they owe. The required insurance level is determined by the total customs tariff payments over the past 12 months; With high coverage requirements, as well as the total costs of the bond. “I have heard that this will kill us if we had to raise our bonds,” Olinik says.

“The return of dollars”

Companies such as Spreeetil realized the risk of importing goods after Trump imposed a 125 percent tariff on Chinese imports last month. Many companies decided Against setting new orders, other shipments that were submitted. But Car says that Spreetail wanted to support its suppliers, who may have had to close the factories with the decline in orders. He also felt confident that he could raise prices enough to make new imports useful financially.

SpreTail has finished paying high prices on deck chairs and about 200 other products out of 20,000, which includes fallen motorcycles, EV, and EXTIITE boxes, Car says. It paid rates of up to 190 percent after calculating the tariffs for the elements. “We will not be able to restore these dollars,” Carr adds, may have resigned from the limited possibility to recover the recovered amounts.

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