The US government today opened an online portal for submitting tariff refund requests, two months after the Supreme Court ruled that President Trump illegally imposed the International Emergency Economic Powers Act (IEEPA) tariffs. The refunds will be paid to importers and customs brokers, while consumers who paid higher prices because of the tariffs won't necessarily get anything back.
US Customs and Border Protection (CBP) opened the Consolidated Administration and Processing of Entries (CAPE) portal for IEEPA refunds. "Importers and authorized customs brokers can now file their CAPE Declarations," said a CBP bulletin issued today.
Over 330,000 importers paid a total of $166 billion in IEEPA duties as of March 4, a March 6 court filing by a CBP trade office official said. Despite moving ahead with the portal to comply with the Supreme Court ruling, it appears the Trump administration is looking into how it can avoid paying back the entire $166 billion.
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Source: Ars Technica
