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  3. Wave of US tariff refunds flows back to Chinese firms, buoying profits by millions

South China Morning Post

Wave of US tariff refunds flows back to Chinese firms, buoying profits by millions

The wave of US tariff refunds is reaching Chinese companies. More than US$38 million in tariff rebates, plus accrued interest, from US Customs and Border Protection (CBP) has landed in the bank accounts of five listed Chinese firms since last month, providing a windfall that is expected to bolster their earnings. The five listed firms primarily operate in the automotive and healthcare sectors. Each secured an average tariff refund of US$7.64 million, representing between 13.12 per cent and 53.58

Continue with the complete report on the publisher’s website.

Read full article at South China Morning Post
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By South China Morning Post

10 August 2026|1 min read
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Wave of US tariff refunds flows back to Chinese firms, buoying profits by millions
Wave of US tariff refunds flows back to Chinese firms, buoying profits by millions
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