Make CryptoSlate preferred on When Customs launched the CAPE refund portal, it put administrative certainty behind an asset class that Wall Street had already begun pricing.As of Apr. 9, 56,497 importers had registered for electronic refunds totaling $127 billion, out of roughly $166 billion the government expects to be returned after the Supreme Court ruled in February that IEEPA did not authorize President Donald Trump's tariffs.CBP says valid claims will generally be paid within 60 to 90 days. That timetable has brought a set of questions back into focus, including what Cantor Fitzgerald actually did with tariff-refund rights, and what Howard Lutnick knew about it while serving as Commerce...
Make CryptoSlate preferred on When Customs launched the CAPE refund portal, it put administrative certainty behind an asset class that Wall Street had already begun pricing.As of Apr. 9, 56,497 importers had registered for electronic refunds totaling $127 billion, out of roughly $166 billion the government expects to be returned after the Supreme Court ruled in February that IEEPA did not authorize President Donald Trump's tariffs.CBP says valid claims will generally be paid within 60 to 90 days. That timetable has brought a set of questions back into focus, including what Cantor Fitzgerald actually did with tariff-refund rights, and what Howard Lutnick knew about it while serving as Commerce...
