Gold Block Consulting
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Licensed for Single Firm Use · April 2026
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CAPE Tariff Refund Intelligence

BREAKING: Supreme Court Rules 273,500
Importers Are Owed $39 Billion in Refunds

Who they are, how to find them, and the outreach framework for customs brokers and trade law firms ready to act on the largest unclaimed tariff refund in U.S. history
Executive Summary

The Largest Unclaimed Tariff Refund Pool in U.S. History


On April 20, 2026, CBP opened the CAPE portal, the exclusive system for recovering duties paid under IEEPA tariffs invalidated by the Supreme Court on February 20, 2026. The government owes approximately $166 billion to more than 330,000 importing businesses. Refunds are not automatic. Every importer must actively file. Most have not.

As of April 9, 2026, only 56,497 importers had completed the basic ACH enrollment required to receive payment. These 56,497 represent an estimated $127 billion of the pool and are largely enterprise importers with internal trade teams or existing customs broker relationships managing the process.

The remaining 273,500 importers share an estimated $39 billion in refunds and have not completed even the first step. Their average refund is approximately $142,000. They are small to mid-market businesses without dedicated trade compliance staff. They are searchable, identifiable, and reachable through the data sources documented in this report.

Why This Report Exists
This report saves a customs broker or trade law firm four to six weeks of research. It identifies where the companies are, how to find their names at no cost, how to segment them by likely refund size, and what to say when you reach them. Every source cited is publicly available and verified as of April 2026.

A customs broker earning 2 to 5% on recovered refunds needs to convert a single mid-market client from this list to recover the cost of this report many times over. A trade law firm billing on Phase 2 complex entries needs one engagement.

Total Refund Pool
$166B
Supreme Court ruling, Feb 20, 2026
Phase 1 Available
$127B
Unliquidated + entries within 80 days of liquidation
Enrolled Importers
56,497
17% of eligible importers as of April 9, 2026
Unenrolled — Primary SAM
273,500
Have not completed ACH enrollment. Cannot receive payment today.
Average Refund — Unenrolled
~$142K
$39B remaining pool divided across 273,500 importers
Interest Accruing Daily
$22M
On unpaid balances. Urgency compounds every day.

Scope of IEEPA Tariffs — What Is Covered

Only duties assessed under IEEPA authority between February 4, 2025 and February 24, 2026 are eligible. The following tariff categories are included in the CAPE refund pool.

Tariff Program
Rate Range
Countries
Effective Dates
China IEEPA tariffs (fentanyl designation)
20% to 145%
China and Hong Kong
Feb 4, 2025 to Feb 24, 2026
Canada IEEPA tariffs (fentanyl designation)
25% (10% energy)
Canada
Mar 4, 2025 to Feb 24, 2026
Mexico IEEPA tariffs (fentanyl designation)
25%
Mexico
Mar 4, 2025 to Feb 24, 2026
Liberation Day reciprocal tariffs
10% to 50%
Most countries globally
Apr 5, 2025 to Feb 24, 2026
Venezuela, Brazil, Russia IEEPA tariffs
Varies
Respective countries
Various 2025 dates
What Is Explicitly Not Refundable — Confirm Before Prospecting
Section 232 tariffs (steel, aluminum, autos, copper, lumber) are not eligible. Section 301 tariffs (China trade war duties since 2018) are not eligible. Section 122 tariffs (the current 10% global surcharge effective February 24, 2026, expiring approximately July 24, 2026) are not eligible. A company importing only steel or aluminum has no CAPE refund claim.

Gold Block Consulting · CAPE Intelligence Report · April 2026 · Licensed Single Use
Research only. Not legal or customs advisory.