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Trump Administration Says It Can't Process Tariff Refunds Because of Computer Problems

2 weeks 6 days ago
U.S. Customs and Border Protection (CBP) said in a filing on Friday that it currently cannot process billions in tariff refunds because its import-processing system is "not well suited to a task of this scale." The Verge reports: The CBP's admission comes after the Supreme Court struck down the tariffs imposed by Trump under the International Emergency Economic Powers Act (IEEPA) last month. This week, the International Trade Court ruled that importers impacted by the tariffs are entitled to refunds with interest. The CBP estimates that it collected around $166 billion in IEEPA duties as of March 4th, 2026. [...] The CBP says it currently processes imports through its Automated Commercial Environment (ACE) system. In the filing, Lord says that using the department's existing technology, it would take more than 4.4 million hours to process refunds for the over 53.2 million entries with IEEPA duties. Despite these current limitations, the CBP says it's "confident" it can develop and launch new capabilities to "streamline and consolidate refunds and interest payments on an importer basis" -- but this could take 45 days. "The process will be simpler and more efficient than the existing functionalities, and CBP will provide guidance on how to file refund declarations in the new system," Lord says.

Read more of this story at Slashdot.

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Don’t blame AI yet for poor jobs numbers, analysts say

2 weeks 6 days ago
US unemployment ticked up to 4.4%

The US economy shed 92,000 jobs in February, a dramatic downturn from analyst expectations that it would add about 50,000 jobs. The shortfall stoked growing fears that AI could be contributing to higher unemployment.…

O'Ryan Johnson

Oura Buys Gesture-Navigation Startup DoublePoint

2 weeks 6 days ago
Smart ring maker Oura has acquired Doublepoint, a Finnish startup specializing in gesture recognition technology for wearables. Engadget reports: The Finnish startup uses smartwatches and wristbands as examples of products that benefit from its technology, but Oura will clearly be looking to incorporate it into its rings, in theory allowing you to control your connected devices with hand movements. Oura said in a press release that the deal sees it inherit an "exceptional team of AI architects and builders from Doublepoint," including Doublepoint's four founders. The newly-acquired company will remain in its native Helsinki, where it will work with Oura's international teams. It added that Doublepoint's expertise in helping devices register subtle hand movements will be key, as nobody wearing a smart ring is going to engage with gesture control if they have to thrash their hand around like a conductor.

Read more of this story at Slashdot.

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