6/10/26 — CBP Reports $94.94 Billion in Refunds Accepted for Processing and $23.68 Billion Completed Through CAPE

On June 10, 2026, CBP's Executive Director of the Trade Programs Directorate, Brandon Lord, filed his declaration in Euro-Notions Florida, Inc. v. United States (Ct. No. 25-00595, CIT) providing a status report in response to the court's May 27, 2026 order. The declaration provides the latest hard numbers on the agency's IEEPA refund effort through its Consolidated Administration and Processing of Entries (CAPE) system as of Friday, June 5, 2026.

In summary, as of June 5, 181,155 CAPE declarations had been submitted, of which 125,576 passed the file validations. The most common reasons for failing the file validations were importer-of-record or filer mismatches, entry number validation errors, and .CSV files not matching the ACE portal template. The validated declarations cover 16.74 million entries with IEEPA duties that passed the entry-specific validations and were accepted for removal of IEEPA duties through CAPE. Of those, 10.60 million entries have since been liquidated and/or reliquidated without IEEPA duties. Another 3.99 million entries failed the entry-level validations—primarily because the entry date was past CBP's 90-day reliquidation authority, the entry did not contain a Chapter 99 HTS number used to assess IEEPA duties, or the entry was already filed on a prior CAPE declaration. Approximately $94.94 billion in both potential and certified refunds (duties plus interest) has been accepted for processing in CAPE. Of that total, approximately $23.68 billion in refunds has been completed using the CAPE Refund component, certified by CBP, and sent to the U.S. Department of the Treasury for disbursement. CBP reports that its financial accounting system receives updates from Treasury indicating these certified refunds are being regularly disbursed, and the agency continues to review and finalize the remaining potential refunds through CAPE's Review and Liquidation/Reliquidation component. As of June 5, 5,535 consolidated refunds had not been transmitted to Treasury because the importer of record (or its authorized CBP Form 4811 designee) had not provided Automated Clearing House (ACH) account information. Importers expecting refunds should confirm that they have active ACE accounts with ACH banking activated so that disbursements are not held up.

Economic caveat: The scale of these refunds is now showing up in the federal fiscal data. According to Reuters, the Treasury Department reported that customs collections turned net-negative for the first time on record in May 2026, with customs duty refunds of $21.97 billion exceeding gross customs collections of $21.93 billion—a net customs outflow of roughly $42 million for the month. The refunds stem from CBP's effort to return an estimated $166 billion in IEEPA tariffs collected before the Supreme Court declared those tariffs unconstitutional in its February 21 ruling in Learning Resources, Inc. v. Trump. Importers should keep in mind that as more refunds are certified and disbursed through CAPE, the government's tariff revenue picture—and the broader budget impact—will continue to shift.