Story perspectives

U.S. Customs Deposits $38 M in Tariff Rebates to Chinese Firms

8/10/2026

Summary

Story summary

U.S. Customs and Border Protection deposited over $38 million in tariff rebates and interest into the accounts of five Chinese firms since last month.
The firms, mainly automotive and healthcare, each got an average refund of $7.64 million, equal to 13.12 %–53.58 % of their projected 2025 net profit.
Huahai Pharmaceutical’s U.S. subsidiary received the largest payout—over $14.2 million, or 36.36 % of its 2025 net profit, and said it will affect second-half profit.

1 of 1

Story summary

U.S. Customs and Border Protection deposited over $38 million in tariff rebates and interest into the accounts of five Chinese firms since last month.
The firms, mainly automotive and healthcare, each got an average refund of $7.64 million, equal to 13.12 %–53.58 % of their projected 2025 net profit.
Huahai Pharmaceutical’s U.S. subsidiary received the largest payout—over $14.2 million, or 36.36 % of its 2025 net profit, and said it will affect second-half profit.