Feds have rejected 15% of businesses' tariff refund claims
Summary
Since April 20, the U.S. government has received over 75,000 tariff refund claims from businesses. About 15% of these claims were rejected, partly because some were submitted incorrectly or outside the allowed rules.Key Facts
- The tariff refund system, called CAPE, opened on April 20 to handle refund claims.
- More than 75,000 refund requests were received by April 26 from U.S. businesses and importers.
- Around 47,000 claims, covering 11 million tariff payments, were filed properly.
- About 15% of refund requests were rejected by U.S. Customs and Border Protection (CBP).
- CAPE was created after the Supreme Court struck down emergency tariffs put in place by President Trump.
- Only tariffs imposed under President Trump’s administration can be refunded through this system.
- Some businesses may have errors in their claims or filed outside the allowed rules.
- The CAPE portal mostly runs smoothly, with only a short 18-minute pause soon after launch.
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