Particle.news
Download on the App Store
13 ARTICLES
·
6h ago

CBP Sets April 20 Launch for CAPE IEEPA Tariff Refunds

The move starts the process of sending large duty repayments to importers ordered by the trade court.

Shipping containers are stacked at a terminal at the port of Los Angeles in Long Beach, California, U.S., March 10, 2026. REUTERS/Caroline Brehman/File Photo
A U.S. Department Of Homeland Security and U.S. Customs and Border Protection sign is displayed at the U.S. Customs and Border Protection Headquarters on May 18, 2025 in Washington, DC.
Image
Image

Overview

  • CBP, in a Tuesday court filing, said Phase 1 of its CAPE refund tool is ready and that 56,497 importers have enrolled for about $127 billion in payments.
  • Phase 1 covers most unliquidated entries and those within 80 days of liquidation, and it excludes reconciliation, drawback, open protests, certain AD/CVD cases, non‑ACE filings, and final liquidations.
  • CBP said roughly $2.9 billion in entries will likely require manual refunds, which would add workload and slow processing for those cases.
  • Importers or authorized brokers must upload a CSV “CAPE Declaration” in the ACE portal, and validated claims will be paid by ACH with interest in about 60 to 90 days.
  • The refund pool totals about $166 billion across more than 330,000 importers, and a CFO survey indicates many companies do not plan to pass refunds on to consumers.