BUSINESSAXIOS
What to know about tariff refund site that's set to go live Monday
U.S. businesses can apply for refunds of illegal tariffs starting Monday via a new CBP portal, following Supreme Court and Court of International Trade rulings. The process involves submitting CAPE declarations through the ACE system, with refunds expected within 60-90 days, though eligibility is limited to specific entries in the first phase.
Mentioned
U.S. Customs and Border Protection (CBP)organizationTrump administrationorganizationSupreme CourtorganizationInternational Emergency Economic Powers Act (IEEPA)topicCourt of International TradeorganizationConsolidated Administration and Processing of Entries (CAPE)topicAutomated Commercial Environment (ACE)topicCostcoorganizationFedExorganization