Supply Chain Dive
E.l.f expects $58.5M in tariff refunds to fuel price cuts
In its last fiscal year, the beauty brand grappled with a roughly 55% tariff rate, which drove the need for price adjustments.
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A focused stream of recent stories from the sources curated for this community. Latest: E.l.f expects $58.5M in tariff refunds to fuel price cuts, CBP raises accepted tariff refunds to $85B, and Walmart ties expected tariff refunds to price strategy amid cost pressures.
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Retail Dive
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CBP raises accepted tariff refunds to $85B
As of Friday, about $20.6 billion in certified refunds with interest have been completed through Customs and Border Protection’s dedicated portal.
Supply Chain Dive
+ 1 source
Walmart ties expected tariff refunds to price strategy amid cost pressures
CFO John David Rainey said potential recoveries would be directed toward lowering prices as fuel costs pressure consumers.
Supply Chain Dive
Full tariff refunds for de minimis imports? US says no
A lawsuit aims to revive the exemption and land refunds on all tariffs for shipments that would have qualified, but the Justice Department offered a rebuttal.