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CBP Launches $166B Tariff Refund Portal
Description
U.S. Customs and Border Protection has launched a refund portal for $166 billion in illegal tariffs, following a Supreme Court ruling. The portal, called CAPE, allows 330,000 importers to claim refunds within 60-90 days. However, the system faced initial crashes, causing frustration among business owners. Advocacy groups are providing free online guides to help file claims. Despite the refund portal, Trump has imposed fresh temporary tariffs under a different law, keeping importers on edge.
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