Feds have rejected 15% of businesses' tariff refund claims

TL;DR

Approximately 15% of tariff refund requests have been rejected since the CAPE portal launched on April 20.
As of April 26, over 75,000 refund requests were received, with more than 47,000 claims properly filed.
The CAPE system was created to comply with a Supreme Court ruling striking down emergency levies imposed by President Trump.
Rejected claims may be due to businesses not meeting submission parameters, such as only applying for finalized tariffs or tariffs imposed under the International Emergency Economic Powers Act.
The CAPE portal experienced a brief 18-minute outage upon launch but is otherwise running smoothly, with praise for its quick implementation.

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