Tariff refunds are showing up -- in a big way -- on the government's bottom line
The US Customs and Border Protection (CBP), which is managing the tariff refund process, has already withdrawn about $14 billion more in May than in all of April, a clear indication that the quantity of checks going out to importers is heating up rapidly.
Tracking data from the US Treasury Department shows that, as of May 20, the CPB has withdrawn about $17 billion in operating cash, a major jump over the $3 billion for all of April.
At this pace, tariff refunds could exceed tariff revenue by the time the month is out. The US collected $22.12 billion in duties in all of April.
May’s data so far doesn’t give a detailed breakdown, but the vast majority of these additional withdrawals are earmarked for refunds for duties collected under the International Emergency Economic Powers Act of 1977. Those tariffs were declared illegal in February by the Supreme Court, and the refunds are now being disbursed to businesses.
https://finance.yahoo.com/markets/article/tariff-refunds-are-showing-up--in-a-big-way--on-the-governments-bottom-line-143000682.html
So much winning!!! 
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