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Saved October 29, 2025
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Over $10 billion in refundable tariffs go unclaimed annually in the U.S., prompting the rise of AI-powered trade management companies like Caspian, which focus on duty drawback claims. Despite increasing awareness and a growing market for trade management software, many businesses remain unaware of their eligibility for these refunds due to the complexity of the process. Venture-backed companies are innovating to streamline claims, but face competition from established players and compliance challenges.
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