US EditionUS set to launch tariff refund system on April 20
The initial phase will send one electronic payment to importers, with interest when applicable, after 56,497 companies registered for refunds.
- President Donald Trump's administration will launch the CAPE system next Monday to issue refunds to American importers for $166 billion in tariffs that the Supreme Court struck down in February as unlawful.
- The Supreme Court ruled that Trump overstepped his authority in imposing sweeping global tariffs under the International Emergency Economic Powers Act, a 1977 law intended for use in national emergencies.
- More than 330,000 importers paid tariffs on 53 million shipments, and as of April 9, some 56,497 importers had completed the process to receive electronic refunds totaling $127 billion.
- Agency official Brandon Lord told the New York-based Court that Customs and Border Protection is weighing options for entries subject to $2.9 billion in tariffs that normally require manual processing.
- Customs and Border Protection plans to roll out the system in phases, initially processing refunds on recently imported goods and straightforward entries, while the New York-based Court continues monitoring development.
13 Articles
13 Articles
Unfairly paid customs duties of 166 billion dollars are to be refunded from next week.
The platform will be used to issue refunds on US$ 166 billion paid at rates that the US Supreme Court considered illegal in February
U.S. set to launch tariff refund system on April 20
U.S. President Donald Trump‘s administration plans to launch next Monday the system it will use for issuing refunds to American importers for US$166 billion the companies paid in tariffs that the U.S. Supreme Court struck down in February as unlawful.
US set to launch tariff refund system on April 20
President Donald Trump's administration plans to launch next Monday the system it will use for issuing refunds to American importers for $166 billion the companies paid in tariffs that the U.S. Supreme Court struck down in February as unlawful.
Tariff refund system almost ready, Customs says
Customs and Border Protection (CBP) has completed “primary development” of its new system to automate refunds of the tariffs struck down by the Supreme Court, the agency said on Tuesday. CBP has been working to launch the system next week. “The agency has transitioned to an intensive testing posture, focused on performance and scenario-based testing,” CBP official Brandon Lord wrote in a new court filing. Roughly 330,000 importers who paid a…
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