Cape
Coverage of Cape in the Nexus archive.
- Tariff refunds for small businesses past due, US Senate Dems tell Trump administration
U.S. Senate Democrats Ron Wyden and Edward Markey demanded the Trump administration refund over $145 billion in tariffs ruled unlawful by the Supreme Court, citing delays in processing payments to small businesses. The Trump administration has refunded only $20.6 billion, with $85 billion in processing and $60 billion unprocessed, according to court documents.
- Trump administration begins accepting refunds on over $166bn in tariffs
The Trump administration began accepting refund applications for over $166 billion in tariffs months after the Supreme Court ruled the president lacked legal authority to impose them. A digital claims system called Cape was launched, expected to handle 63% of affected import filings with the remainder to follow.
- After Supreme Court blow, Trump admin launches $166B tariff refund portal
The Trump administration launched a $166 billion tariff refund portal called CAPE to reimburse U.S. importers after the Supreme Court ruled the tariffs unlawful. The system streamlines refunds, with estimates of 60-90 days processing time, though not all importers will be eligible immediately. The administration has also imposed new tariffs under Section 122 despite ongoing legal challenges.
- After Supreme Court blow, Trump admin launches $166B tariff refund portal
The Trump administration launched a $166 billion tariff refund portal called CAPE following a Supreme Court ruling that deemed the tariffs unlawful. The system aims to streamline refunds for importers, with payments expected within 60-90 days. Despite the refunds, the administration continues to use tariffs under new legal authority, facing ongoing legal challenges.