"CAPE will simplify International Emergency Economic Powers Act (IEEPA) duty refund requests made pursuant to court order and in accordance with appropriate statutory authority by providing an electronic pathway to submit valid IEEPA duty refund claims."
"In light of the breadth, history, and constitutional context of that asserted authority, he must identify clear congressional authorization to exercise it."
"Up to 82% of IEEPA duty payments, amounting to $127 billion, may be eligible for refunds."
"Only businesses impacted by Trump's tariffs can apply for tariff refunds through CAPE."
The U.S. Customs and Border Protection (CBP) will launch a tariff refund program for companies impacted by Trump's tariffs, starting April 20. This program, known as CAPE, will facilitate electronic submissions for duty refund claims following a Supreme Court ruling that invalidated the tariffs. Chief Justice John Roberts stated that the president lacked the authority to impose these tariffs without clear congressional authorization. Judge Richard Eaton ordered CBP to process refunds, potentially amounting to $127 billion for eligible importers.
Read at Fast Company
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