Latest IEEPA Tariff Refund Updates

Stay informed with the latest CAPE and IEEPA tariff refund news.

CAPE Update Tracker

Track the current filing posture before you act

Use this as the quick context layer before you rely on CAPE alone. It keeps the live phase, latest official checkpoint, and main current limitation in one place.

Current phase

Phase 1 is live — $20.6B certified to Treasury, ~$85B pipeline

CAPE filing has been open since April 20, 2026. As of May 26, 2026 (per CBP Lord Declaration, CIT): 15.8M entries accepted for IEEPA-duty removal, 8.3M+ entries already liquidated or reliquidated without IEEPA, $20.6 billion in refunds certified and sent to Treasury for disbursement, and ~$85 billion in total potential + certified refunds in the CAPE pipeline. Average refund turnaround is ~18 days (~14 days for electronics/consumer goods). Nearly one-third of CAPE declarations are failing initial file validation — clean your CSV and confirm ACH banking before you file.

Last official update reviewed

May 27, 2026 — CIT Show Cause Order

On May 27, CIT Judge Eaton issued two orders: (1) a show-cause order directing CBP to explain by June 4 why it should not immediately refund ALL IEEPA tariffs, including on finally liquidated entries, and (2) an order requiring CBP Commissioner Rodney Scott to personally appear in court in New York on June 9. The judge expressed particular concern about “millions of informal entries where liquidation was simultaneous with the time of entry, and for which the liquidation is now final.” DOJ has until June 6 to appeal the CIT refund order. Next CBP progress report due June 10.

Most important limitation

June 4–9 window will shape Phase 2 scope

CBP's current litigation position is that refunds for entries beyond the 90-day reliquidation window will only happen if importers sue. Judge Eaton's show-cause order challenges that directly. The June 4 CBP response, the June 6 DOJ appeal deadline, and the June 9 hearing with Commissioner Scott will determine whether finally liquidated and informal entries get an administrative path or remain CIT-litigation-only. Phase 2 timing remains unannounced; treat it as a bonus channel, not a primary plan. File CAPE for everything Phase 1-eligible now — do not wait for June 9.

If your entries were filed by multiple brokers, were liquidated more than 80 days ago, or are tied to a protest, start with a case-specific review.

Get a Free Assessment
Spreadsheet on a computer screen

How to Prepare Your CSV File for CAPE Filing

Updated instructions for the CAPE CSV after CBP's April 2026 guidance. Learn the correct file structure, validation rules, and common mistakes that trigger rejections.