Overview
- CBP, which on Monday announced May 12 for the first Automated Clearing House refunds, also released ACE status tools so claimants can track processing.
- The Supreme Court in February ruled the IEEPA sanctions law cannot authorize tariffs, triggering repayment of up to $166 billion collected from importers.
- Phase one of the CAPE portal covers roughly 60 to 63 percent of entries.
- CBP excludes entries in disputes or tied to drawback, protests or Section 122, 232 or 301 duties.
- The government has until about June 7 to appeal to the Federal Circuit, which trade lawyers say could pause refunds.