No. of Recommendations: 6
… apparently less resistance by the Administration than some anticipated.
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.cbsnews.com - How to file for tariff refundWhy the muted resistance levels? Follow the money? Remember most tariffs were charged on to the consumers… so
Original tariffs
DR Consumer - CR Treasury
Refunds
DR Treasury - CR Importers (JCs)
So consumers funding JCs, what’s new. Except that whatever Treasury cashed in may have already been used for more worthy causes, such as cuts for the pillars of society…
