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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
South China Morning Post Monday 10 August 2026, 15:00 UTC By Emma Ma 1 min read
Key Points

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.

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...
US (LOCATION) Chinese (ORG) US Customs and Border Protection (ORG) CBP (ORG)
Originally published by South China Morning Post Read original →

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