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Supreme Court Opens $166B IEEPA Tariff Refund Process

CBP launched the CAPE portal on April 20, 2026, enabling importers to seek refunds of IEEPA tariffs invalidated by the Supreme Court's February 20, 2026 decision in Learning Resources, Inc. v. Trump, No. 24-1287. The government owes an estimated $166 billion to approximately 330,000 importers, with the outstanding balance accruing approximately $650 million in interest monthly. Refunds are not automatic; only importers of record are eligible to apply, and approved applications are estimated to take 60 to 90 days to process.