US Launches Process for Refunding Illegally Collected Tariffs
The U.S. government is set to launch a system to refund up to $166 billion in illegally collected tariffs, prompting companies to prepare for the process. The refund system, known as CAPE, aims to streamline payments for importers who paid tariffs under President Trump's trade policies. Over $127 billion in refunds has already been claimed by 56,497 importers.
Topics: Customs and Border Protection importers refund system tariffs US trade policy