CBP Cuts Expected Tariff Refunds to $25.46 Billion After $10 Billion Query Error

1 articles · Updated · Supply Chain Dive · May 26

$25.46 billion in anticipated refunds for liquidated entries replaced CBP's earlier $35.46 billion estimate after the agency found a data-query error, according to a court filing.
$20.6 billion in certified refunds with interest has already been completed through the CAPE portal and sent to Treasury for payment, part of roughly $85 billion in potential and certified refunds now in process.
15.85 million entries have been accepted for duty removal since CAPE launched on April 20, but only 8.51 million have been liquidated or reliquidated without the invalidated tariffs, leaving many importers still waiting.
3.48 million entries failed validation, largely because they fell outside CBP's 90-day reliquidation authority, duplicated prior submissions, or lacked the special tariff code tied to the duties struck down by the Supreme Court in March.
Companies are already planning around the refunds: Ford expects $1.3 billion, GM $500 million, and carriers including FedEx, UPS and DHL say they will pass eligible repayments back to customers.

Billions in refunds are stalled by data errors. What happens to the companies whose claims are trapped in CBP's backlogged processing system?

Corporations are set to receive billions in tariff refunds. Will the consumers who paid higher prices ever see a dime of that money?

With the Supreme Court striking down emergency tariffs, how will the government now navigate and enforce its international trade policies?