Trump admin set to launch tariff refund portal. Here's what to know.

MoneyWatch Trump administration set to launch tariff refund portal. Here's what to know. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo April 16, 2026 / 5:00 AM EDT / CBS News Add CBS News on Google The U.S. government is set to launch an online portal next week 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), will boot up the portal — known as CAPE, for Consolidated Administration and Processing of Entries — so companies can submit claims for tariff refunds. CBP confirmed in a filing on Tuesday that CAPE will open for refund applications on April 20.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."CAPE will simplify International Emergency Economic Powers Act (IEEPA) duty refund requests made pursuant to court order and in accordance with appropriate statutory authority by providing an electronic pathway to submit valid IEEPA duty refund claims," CBP states in guidance on its website.Here's what to know about the government tariff refund portal, including who is eligible to submit a claim and how soon businesses could receive payment.Burden on the importerAlthough CAPE will offer...