
04-15-26 Part Two - Corporate Tariff Refunds
In part two of Red Eye Radio with Gary McNamara and Eric Harley, President Trump's administration plans to launch next Monday the system it will use for issuing refunds to American importers for $166 billion the companies paid in tariffs that the U.S. Supreme Court struck down in February as unlawful. U.S. Customs and Border Protection said, opens new tab in a court filing on Tuesday that it has completed the development of the initial phase of the refund system, known as CAPE. The system will consolidate refunds so importers will receive one electronic payment, with interest when…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.