IEEPA Tariff Refund Tracker (2026)
Data updated August 4, 2026 · Sector-level estimates from public CBP/court sources — not legal or tax advice
After the Supreme Court struck down the IEEPA tariffs on February 20, 2026, roughly $166 billion in collected duties became refundable to about 330,000 importers across ~53 million entries. CBP is returning the money through its CAPE process (live since April 20, 2026). As of August 4, 2026, about $128.68 billion had entered CAPE for processing and roughly $100 billion had been certified and sent to Treasury for disbursement (including interest) — about 60% of the pool now paid.
~$166 billion
Total IEEPA duties collected
The full refundable pool, across ~330,000 importers and ~53 million entries (April 2025–Feb 2026).
~$128.68 billion
Entered CAPE for processing
Potential and certified refunds that had entered CBP's CAPE platform as of July 31, 2026, per CBP's August 4 court declaration — a subset of the pool, still being validated.
~$100 billion
Repaid to importers
Certified and sent to Treasury for disbursement as of August 4, 2026, per CBP's declaration in Freestyle World v. United States — about 60% of the pool, up from $86.3 billion on July 10.
~330,000
Importers owed
Importers of Record that paid IEEPA duties and are eligible to file.
~53 million
Entries involved
Customs entries that carried IEEPA reciprocal or fentanyl tariffs.
6–7%
Statutory interest
Refunds accrue interest — 7% for individuals, 6% for corporations — compounded daily under 19 CFR 24.36.
How Much of the Refund Pool Has Been Paid?
Collected (the full pool)$166B
CAPE claims accepted$128.68B
Repaid to importers$100B
Bars are proportional to the ~$166B collected. Figures as of August 4, 2026; they move as CBP processes claims.
CAPE Refund Phases
| Phase | Timing | Covers |
|---|---|---|
| Phase 1LIVE | Launched April 20, 2026 | Unliquidated entries and entries within 80 days of liquidation — the cleanest, most automatable cases. |
| Phase 2LIVE | Live — opened June 29, 2026 | Reconciliation entries (types 01/02/06 flagged for a not-yet-filed type 09, limited to unliquidated or within-80-days entries) and antidumping/countervailing-duty (AD/CVD) entries. |
| Phase 3UPCOMING | Expected late July 2026 | Finally-liquidated entries (~$11.4B). Government contends only importers who filed at the Court of International Trade are eligible; its appeal of the CIT's universal-refund orders is pending at the Federal Circuit, and a class-certification motion seeks to cover the rest. |
What Is and Isn’t Refundable
Refundable
- IEEPA reciprocal tariffs (the country-specific 'Liberation Day' rates)
- IEEPA fentanyl/trafficking tariffs (China, Canada, Mexico)
Not Refundable
- Section 232 tariffs (steel, aluminum, copper, autos) — not struck down
- Section 301 tariffs (China) — not struck down
- Section 122 (the 10% replacement tariff) — separate authority, in effect pending appeal
- Standard MFN base duties
Refund Timeline
Feb 4, 2025
China fentanyl IEEPA tariffs take effect — start of the refund-eligible window for China.
Mar 4, 2025
Canada/Mexico trafficking IEEPA tariffs take effect (eligible window start for those origins).
Apr 2025
Reciprocal ('Liberation Day') IEEPA tariffs take effect (10%–49% by country).
Feb 20, 2026
Supreme Court rules 6-3 (Learning Resources v. Trump / V.O.S. Selections) that IEEPA does not authorize tariffs — duties become refundable.
Feb 24, 2026
10% Section 122 tariff replaces IEEPA (a separate authority; not refundable).
Apr 20, 2026
CBP launches CAPE Phase 1 in the ACE Portal.
May 11–12, 2026
First ACH refund payments hit importer bank accounts.
Jun 29, 2026
CAPE Phase 2 opens (reconciliation + AD/CVD entries).
Jul 13, 2026
Treasury data: $49.1B refunded in June alone — more than double the month's $23.6B in new tariff collections; refund wave widens the FY2026 deficit for the first time.
Jul 10, 2026
CBP court declaration: $86.3B repaid to importers, $121.75B accepted for processing — over half the pool now paid.
Jul 24, 2026
Section 122 tariff expired by operation of law at its 150-day statutory limit; Congress did not act to extend it.
Late Jul 2026
CAPE Phase 3 expected (finally liquidated entries, ~$11.4B) — eligibility contested in the government's Federal Circuit appeal.
Aug 4, 2026
CBP declaration (Freestyle World v. United States): $100B certified and sent to Treasury for disbursement — about 60% of the $166B pool; $128.68B had entered CAPE as of July 31.
Cite this page
Free to cite with attribution.
Tariffs Tool. “IEEPA Tariff Refund Tracker (2026).” Updated August 4, 2026. https://www.tariffstool.com/tariff-refund-tracker
Claiming a refund? See our tariff refunds hub, the step-by-step CAPE filing guide, the July 2026 payout status update, the CAPE Phase 3 guide, and the CAPE refund status tracker. Estimate your number with the tariff calculator.
Sources: U.S. Customs and Border Protection — IEEPA Duty Refunds · Supreme Court — Learning Resources, Inc. v. Trump (No. 24-1287) · U.S. Court of International Trade