🎧 Hosts
Andy ShilesLalo Solorzano🎤 Guest
Bonnie Kersch, Founder of Magnolia Global Trade Solutions📅 Published Date
⏱️ Episode Length
📝 Episode Summary
IEEPA duty refunds are creating a major opportunity—but only for companies that know how to navigate CAPE (Consolidated Administration and Processing of Entries) correctly.
In this episode of Simply Trade, Andy and Lalo sit down with Bonnie Kersch to break down what CAPE actually means in practice and how importers should be preparing to take advantage of potential refunds.
The conversation focuses on:
What CAPE is designed to doHow it applies in the context of IEEPA refundsWhat importers need to have in place before taking actionWith guidance tied directly to CBP’s latest direction—including the U.S. Customs and Border Protection IEEPA refund guidance—this episode helps translate policy into real-world execution.
🔑 Key Topics Discussed
What CAPE (Consolidated Administration and Processing of Entries) actually isHow CAPE connects to IEEPA duty refund opportunitiesWhy many companies may not be ready to take advantage of refundsThe importance of having accurate entry data and documentationOperational challenges in identifying eligible entriesThe role of internal processes vs. external partners (brokers, systems)What importers should be doing now to prepare🧭 CAPE in Practice (From the Episode)
1. Understand What CAPE Is—and Isn’t
CAPE is not just a filing mechanism—it’s a structured way to manage and process entries in a consolidated manner.
👉 Misunderstanding this leads to missed opportunities or incorrect filings.
2. Identify Potentially Impacted Entries
To take advantage of IEEPA refunds, companies need visibility into:
Historical entriesDuty paymentsRelevant classifications and applicability👉 If your data is fragmented, this becomes a major barrier.
3. Validate Eligibility for Refunds
Not every entry will qualify.
Careful review of CBP guidanceAlignment with IEEPA applicabilityInternal validation before submissionIEEPA Duty Refund Guidance
https://www.cbp.gov/trade/programs-administration/trade-remedies/ieepa-duty-refunds
4. Coordinate Across Teams and Partners
CAPE execution isn’t done in isolation.
It requires coordination between:
Trade compliance teamsBrokersFinanceInternal data owners👉 Misalignment here can delay or derail the process.
5. Ensure Documentation & Audit Readiness
Any refund request will need to stand up to scrutiny.
Clear recordsSupporting documentationA defensible position💡 Key Takeaways
CAPE is an operational process—not just a concept
Execution is what determines success.
Data visibility is critical
If you can’t easily access and analyze your entry data, you’re already behind.
IEEPA refunds present real opportunity—but also risk
Companies need to be deliberate, not reactive.
Preparation matters now
Waiting until deadlines or enforcement increases will limit your options.
🚨 Why This Episode Matters
IEEPA-related refund opportunities are time-sensitive and complex.
Don’t understand CAPEDon’t have their data organizedOr rely solely on third parties👉 may miss out entirely—or expose themselves to compliance risk.
This episode gives a practical lens on what needs to happen next.
🔗 Resources & Mentions
U.S. Customs and Border Protection IEEPA Refund Guidance:
https://www.cbp.gov/trade/programs-administration/trade-remedies/ieepa-duty-refunds
Magnolia Global Trade Solutions👏 Credits
Hosts: Andy Shiles & Lalo SolorzanoGuest: Bonnie KerschProduced by Global Training Center🔔 Subscribe & Follow
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