Tariff Refund System Launching Soon. What Does It Mean for Consumers?

U.S. Customs and Border Protection is set to launch a system to begin refunding companies that paid tariffs on imports after the Supreme Court ordered the government to do so earlier this year. In an April 14 court filing, CBP said it will launch the first phase of the system, known as the Consolidated Administration and Processing of Entries, on April 20. The CAPE system is meant to…