US tariff refunds begin via CAPE portal in phased rollout

1 min read
Source: CNN
US tariff refunds begin via CAPE portal in phased rollout
Photo: CNN
TL;DR Summary

Two months after the Supreme Court struck down President Trump’s tariffs, the U.S. kicks off a phased process to reimburse importers—about $166 billion plus interest—through the CBP’s Consolidated Administration and Processing of Entries (CAPE) portal. In the first phase, only importers of record (or their brokers) with eligible tariff payments can apply, and refunds are expected within 60–90 days after approval, though longer if additional reviews are needed or if the administration takes steps to shrink refunds.

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