The U.S. government on Monday launched an online portal that lets businesses request refunds for tariffs deemed illegal by the Supreme Court. But payouts won’t be automatic, and legal experts said businesses could face other obstacles getting their money back.
A federal agency, U.S. Customs and Border Protection (CBP), booted up the Consolidated Administration and Processing of Entries, or CAPE, portal so companies can submit tariff refund claims. The government could owe businesses up to $175 billion after the Supreme Court ruled in February that President Trump had illegally issued tariffs under the International Emergency Economic Powers Act, or IEEPA.
Since the landmark decision, companies have filed thousands of lawsuits with the Court of International Trade (CIT) seeking tariff refunds.
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