18 attorneys generals, including Mayes, puts pressure on U.S. Congress to address tariff refunds
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Tariff refunds refer to the repayment of duties, or tariffs, paid on imported goods, often under specific circumstances such as re-exportation or incorrect classification. These refunds aim to alleviate financial burdens on businesses and promote fair trade practices. They are an important mechanism in international trade policy that can affect import costs and economic competitiveness.