Trump launches CAPE system to refund $166B in tariffs to importers
The Trump administration launched a new system to refund $166 billion in tariffs after the Supreme Court struck down the levies as unlawful this year.
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The Trump administration launched a new system to refund $166 billion in tariffs after the Supreme Court struck down the levies as unlawful this year.
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
US opens refund portal to start paying back Trump''s illegal tariffs Importers can now request refunds, two months after Trump''s Supreme Court loss.
U.S. Customs and Border Protection said in a court filing on Tuesday that it has completed the development of the initial phase of the refund system, known as CAPE.
CAPE is designed to consolidate refunds of IEEPA duties including interest rather than processing refunds on an entry-by-entry basis. CBP plans to implement CAPE through a phased development
The CAPE system is meant to consolidate the refund process so importers will receive one electronic payment rather than CBP processing refunds on an entry-by-entry basis, the agency said
The CAPE electronic tariff refund system launched April 20. What to know about eligibility and how the refund process works.
US Customs and Border Protection recently issued an announcement regarding tariff refunds. This article describes what is happening, gives the larger context, and provides
RSM US explains how importers can seek refunds of IEEPA tariffs through CBP''s new CAPE portal starting April 20. Learn more.
The Trump administration launched a new system on Monday for importers and businesses to reclaim shares of $166 billion in tariff refunds. The post Trump administration launches $166B