Small Businesses Against Tariffs participant Kimberly Daniels—CEO of Mercantile Logistics & International Trade, Inc.—was quoted as an expert source in a new MarketWatch story on the status of tariff refunds:
Individuals who try to claim a tariff refund could find the process “a bit more complicated than they may expect,” said Kimberly Daniels, a customs broker and chief executive of Mercantile Logistics & International Trade Inc. But if they used a courier company like FedEx, that company “should handle all refund requirements, and many of the courier services have already vowed to refund the tariffs to the customer,” said Daniels, who is part of a new advocacy group called Small Businesses Against Tariffs […]
Some importers may give credits to their customers, but others could choose to keep the windfall from refunds in order “to be prepared for the current added 10% tariffs” and for future tariffs that the administration may impose through various authorities, said Daniels from Mercantile Logistics & International Trade.