CAPE tariff-refund portal opens for importers, refunds won't be automatic

CBP will launch CAPE on April 20 to let importers of record or their brokers file for refunds of IEEPA tariffs ruled illegal by the Supreme Court; refunds are not automatic and eligibility covers only unliquidated tariffs or those finalized in the past 80 days, potentially totaling up to $175 billion; processing is expected in 60–90 days after approval, though paperwork mistakes can delay payments, and some entities are already offering to purchase claims for quicker cash.