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CBP Launches CAPE Portal, $166B Refunds for Importers
4/24/2026
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CBP Launches CAPE
- U.S. Customs and Border Protection launched the CAPE portal on April 20, letting over 330,000 importers seek $166 billion in refunds.
- The CAPE system will process approved claims within 60–90 days, with refunds paid to businesses rather than directly to consumers.
- FedEx, UPS and DHL will file claims via CAPE and pass refunds to customers.
- Analysts project Walmart $10.2 billion, Target $2.2 billion, Nike $1 billion; economists doubt price cuts.
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