CBP Launches CAPE for Tariff Refunds

It's April 17th.

This is El Paso News today, AI-powered stories from your city.

I'm Cory with the story.

US Customs and Border Protection is rolling out a new system called KAPA on Monday, April

20th, letting companies apply for refunds on tariffs.

The Supreme Court just ruled illegal.

These tariffs came from former President Trump's use of a 1977 emergency law to slap duties

on nearly all imports starting early, 2025.

With the court said he overstepped in a 6-3 decision written by Chief Justice John Roberts

back in February.

Businesses hit hard by those payments are breathing easier now, facing potential refunds

totaling up to $175 billion that could boost their bottom line's big time.

To get the money back, importers file a simple KAP declaration through CVP's secure portal

and expect electronic payments in 60-90 days, unless there's a compliance snag.

Meanwhile, everyday folks might see $2,000 checks from tariff dividends as Trump floated

for 2026, but that still needs.

Congress, to sign off before anything drops.