The US Court of Appeals for the Federal Circuit granted the government's request on June 11 to stay the CIT injunction against Section 122 IEEPA tariffs, keeping the 10% import surcharge in effect for all importers during the appeal. CBP reported that as of June 5, 181,155 CAPE refund declarations had been submitted, covering 16.74 million entries, with 10.60 million entries already liquidated without IEEPA duties. Approximately $94.94 billion in potential and certified refunds has been accepted for processing, with $23.68 billion completed and sent to Treasury. The next CAPE milestone is June 29 when CBP deploys functionality for reconciliation-flagged entries. Meanwhile, the proposed Section 301 tariff expansion targeting 60 trading partners with 10-12.5% rates has a public comment deadline of July 6, with hearings beginning July 7. The White House Customs Enforcement Executive Order also signals tighter importer-of-record accountability.
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