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1 revisions for "The $166 Billion Question: Inside the Government's Unprecedented Tariff Refund Portal"

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Anonymousabout 3 hours ago

U.S. Customs and Border Protection launches the CAPE tariff refund portal on Monday, April 21, offering more than 330,000 importers the chance to reclaim a share of $166 billion in IEEPA tariffs the Supreme Court ruled were illegally collected. But the system only refunds importers of record — not the downstream businesses and consumers who bore most of the economic cost — and Phase 1 covers just $127 billion of eligible claims, with refunds taking 60-90 days and significant hurdles for small businesses without dedicated customs compliance staff.

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