CBP Launches CAPE for Tariff Refunds

0:00It'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

1:02for 2026, but that still needs. Congress, to sign off before anything drops.