Garrison Davis
๐ค SpeakerAppearances Over Time
Podcast Appearances
So the government has set up a portal through which you can get relief.
Now, after it was sort of forced to by the
Of course, the implementation of this has been delayed several times because the government didn't have time to actually get it out.
A bunch of the portal is not built yet.
The government is claiming that it is going to take more time to build a whole bunch of it.
Now, this is a catastrophe because they're dealing with a bit over $166 billion of tariff money that they have to pay back plus interest.
Yeah, plus interest.
This is the whole thing, right?
They have to do interest on all of this, which is a nightmare.
It's the interest accruing while they bungle setting up their Squarespace site or whatever.
Yep, it's still going.
Every second, the interest thing is ticking on this.
So I'm going to quote here from Bloomberg.
Brandon Lord, executive director of the Trade Programs Directorate of the Customs Agency.
Who are the people who are sort of
running all this is also part of why it's such a disaster because there's like 17 different agencies that are like working on this right so some of it's like the trade program directorate like at the customs agency but there's also just there's different parts of the customs and like customs and border patrol that's dealing with all of this stuff
quote, wrote that more than 26,000 importers who paid $120 billion in the Challenge Terrace were registered to receive electronic refunds so far.
The government has said that payments could take up to 45 days to review.
I would bet that it takes longer than that because, again, the portal hasn't been written, hasn't been, like, made yet.