U.S. Customs and Border Protection has launched the Consolidated Administration and Processing of Entries (CAPE) portal, enabling importers to claim an estimated $166 billion in refunds. The initiative follows a Supreme Court ruling against tariffs levied under the International Emergency Economic Powers Act and a subsequent judicial order for universal repayment. Legal analysts find the administration’s decision not to appeal the universal mandate surprising, noting that the government has until May to petition the order. Matthew Seligman, a federal litigator, suggests an appeal would likely succeed. Read the full story at Fortune (subscription).
Source · Fortune
