We’re keeping a close eye on two developments that may be important for importers and companies doing business across the U.S.-Canada border.

CBP has provided a significant update on the progress of IEEPA tariff refunds through CAPE, while Canada has announced a new round of counter-tariffs on certain U.S. goods beginning in September.

Here’s what you need to know.

CAPE Update: $132.5 Billion in IEEPA Refunds Processed

CBP recently provided the U.S. Court of International Trade with an update on the progress of IEEPA tariff refunds through the Consolidated Administration and Processing of Entries (CAPE) system.

As of August 21:

  • Approximately 26.4 million entries with IEEPA duties had been processed through CAPE
  • Those entries represent approximately $132.5 billion in potential and certified refunds
  • Approximately 2.3 million entries flagged for reconciliation have been successfully filed in CAPE and are positioned for processing

While the numbers show significant progress, one issue continues to stand out.

ACH Information Remains Critical

CBP reported that 22,170 refunds totaling approximately $1.7 billion have not been transmitted to Treasury because the Importer of Record—or an authorized designee—has not provided the required ACH account information.

If you are expecting an IEEPA tariff refund, this is another important reminder to make sure your electronic refund information is properly established and current with CBP.

CAPE Phase 3 Temporarily Delayed

CBP has also temporarily delayed deployment of CAPE Phase 3, which is intended to address certain finally liquidated entries for plaintiffs where the Court has ordered reliquidation.

The delay will allow CBP to add further system validations designed to ensure that processing these entries results only in the appropriate IEEPA duty refund adjustments.

Importantly, CAPE Phases 1 and 2 remain operational and are not affected by the Phase 3 delay.

We’ll continue monitoring CBP and Court updates regarding the timing of Phase 3.

Canada Announces New Counter-Tariffs on U.S. Goods

In a separate trade development, Canada has announced plans to impose additional tariffs on hundreds of U.S.-origin products in response to the United States’ recently implemented 50% Section 338 tariffs on certain Canadian imports.

The Canadian counter-tariffs will range from 15% to 50%, depending on the product.

Effective September 8, 2026

The new tariffs are scheduled to take effect at 12:01 a.m. on September 8.

Affected goods already in transit to Canada on the effective date will not be subject to the new tariffs.

The measures apply specifically to qualifying U.S.-origin goods under applicable Canadian country-of-origin rules.

Products Affected

Canada’s announcement includes a broad range of products. Examples include:

  • 50% tariffs: Certain steel and aluminum products, furniture, clothing and apparel
  • 25% tariffs: Certain appliances, dairy products, fish and seafood, and certain steel and aluminum derivative products
  • Additional products will be subject to other counter-tariff rates

Existing Canadian counter-tariffs on certain U.S. goods, including automobiles, also remain in place.

Companies exporting U.S. goods to Canada should review the affected product list and evaluate whether upcoming shipments may be subject to the new duties.

What We’re Watching Next

Trade measures between the United States and Canada continue to evolve, and additional U.S. action in response to Canada’s announcement remains possible.

At the same time, CBP continues to develop and refine the CAPE process for IEEPA tariff refunds.

Richard Murray & Co. will continue monitoring both developments and keep our customers informed as additional guidance becomes available.

If you have questions regarding your CAPE refund status, ACH enrollment, or how current tariff measures may affect your imports, please reach out to our Customs Brokerage team.