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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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