Following recent developments related to refunds of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), The Toy Association™ shared updated refund guidance with members via email on March 13. The document outlines the latest information available on the evolving refund process and steps companies may need to take.
As part of these developments, U.S. Customs and Border Protection (CBP) announced that it is developing a new portal within the Automated Commercial Environment (ACE) called the Consolidated Administration and Processing of Entries (CAPE) portal. The system is expected to support the administration and processing of tariff refunds as implementation moves forward.
Members seeking a copy of The Toy Association’s updated refund guidance may contact Maria Sierra, vice president of government affairs at The Toy Association.
The Toy Association continues to actively monitor policy and legal developments and will provide members with timely updates as new information becomes available.