What You Should Know About Filing for IEEPA Refunds Using CAPE

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Law firm Foley & Lardner has received numerous requests for guidance on Phase 1 of the CAPE system. CAPE is the platform that U.S. Customs and Border Protection (CBP) is beginning to use to process refunds of the IEEPA tariffs that the Supreme Court has ruled unlawful. Unlike standard tariff refunds, which generally are pursued through post-summary corrections or protests, refunds for entries that fall in Phase 1 must be sought through CAPE. 

Read on to learn more about key points.

Big Detail On Claiming Tariff Refunds: Were You the Importer of Record?

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From the law firm Foley & Lardner as of 2/24/26:

Contractual Issues for Companies That Are Importers of Record …

The importer of record is the entity that initially pays all tariffs and thus is the entity that would receive any IEEPA tariff refunds. Nonetheless, behind the scenes there often are a variety of mechanisms importers of record may have used to handle the often unexpected tariffs, including pushing back on suppliers for price concessions, using surcharges to pass along tariffs, or general price increases. In many cases, other parties may be looking to share any potential refunds. For importers of record potentially facing this situation, we recommend working through the following steps.

Read on to learn more about the specific steps.

Together, Let's Go, Go, Go Global! Final Call for Tickets!

Join us in person tomorrow, Friday, October 24th in Chicago at the 10th Annual Global Small Business Forum, "Playing to Win in the Global Marketplace," hosted at Foley & Lardner and sponsored by Associated Bank – from 8:00-11:30 AM CT.

Why just look at this lineup of amazing speakers!

1. Ellen Wheeler, Partner and Litigation Attorney, Foley & Lardner LLP
2. Sebastien Villon, Managing Partner, BBInc
3. Jamie Shah, President, Chem-Impex International
4. Marc Schulman, President, The Eli's Cheesecake Company
5. Angie Kappel, VP, FX, Associated Bank
6. Ken Wasylik, Managing Director, E.M. Wasylik Associates
7. Mikę Sankowski, VP, FX, Associated Bank (Moderator)
8. Dave Shogren, President and Co-Owner, US International Foods, LLC
9. Ashley S.H. Moy, President, Cast21
10. Chris R. Straw, Founder and President, Team Quality Services
11. Richard Paullin, Executive Director, International Trade Association of Greater Chicago
12. Nancy McHenry, COO, Wigeteer 

They are going to rock the house with their knowledge and grit on what it takes to go global.  To learn more and to purchase tickets, visit: https://globalsmallbusinessforum.com/

I'll [Laurel Delaney] will be there.  Hope to see you, too!

FINAL CALL: 9th Annual Global Small Business Forum 10/18/24 in Chicago!

©2024 Laurel J. Delaney.  All rights reserved.

Ready.  Set.  Let's go global!  There is still time to sign up for the biggest and best 9th Annual Global Small Business Forum, "Global Success Within Reach – The Bigger Picture," held in Chicago on Friday, October 18th from 8:00-11:30 AM CT.  Hear from a cast of experienced speakers who know the ins and outs to global expansion.

Our cast of speakers – like an Academy Award lineup but for experts and business owners who drive results through global expansion – is as follows:

• Angie Kappel, VP Foreign Exchange, Capital Markets, Associated Bank
• Tami Lange, Founder and President, Save the Girls
• Ellen Wheeler, Partner and Litigation Attorney, Foley & Lardner LLP
• Marc Schulman, President, The Eli's Cheesecake Company
• Amy Mills, Owner and President, 17th Street Barbecue
• Donald J. Lloyd, Senior VP, Manager:  Capital Markets – Foreign Exchange, Rate Swaps and Commodity Derivatives, Associated Bank (Moderator)
• Kirk Samson, Global Business Leader, Co-Founder, Samson Worldwide LLC and Global Business Consultant
• Richard Paullin, Executive Director, International Trade Association of Greater Chicago
• Yvette Laugier, Chairman Emeritus, Housewares Association Board of Directors
• Diamond Young, AVP Foreign Exchange | Capital Markets, Associated Bank
• Rajiv Khatau, Managing Director, LODAAT Pharma
• Valarie King-Bailey, CEO, OnShore Technology Group, Inc. 

Forum is sponsored by Associated Bank and hosted by Foley & Lardner.  

To learn more and to register, visit: https://globalsmallbusinessforum.com/.  I [Laurel Delaney] hope to see you there!

#successwithinreach

Red Flags On Export Controls and Economic Sanctions

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Export controls and economics sanction compliance is a key part of any multinational’s international regulatory risk management. The U.S. government has prioritized enforcement of export controls and economic sanctions laws and regulations, and penalties in individual enforcement actions can reach the hundreds of millions or even billions of dollars.

Educating relevant personnel regarding export controls and economic sanctions red flags is important for numerous reasons.  Here are six (6) from Foley & Lardner.

8th Annual Global Small Business Forum 10/20/23

©2023 Global TradeSource, Ltd.  All rights reserved.

🌍 🌎 🌏 Let's take on the world 10/20/23! 🌍 🌎 🌏 

Registration is OPEN for our 8th Annual Global Small Business Forum (https://bit.ly/3PyjTv0) brought to you by lead sponsor Associated Bank and hosted by Foley Lardner.  Full disclosure:  I [Laurel Delaney] serve as the Director for the Forum.  We can't wait to see you Friday, October 20 from 8:00 AM CT – 11:30 AM CT.  Fans, supporters and global enthusiast have already signed up – because we are a sure thing – and 3 companies have secured vendor tables. Grab your ticket before we reach maximum capacity.

The theme this year is: Navigate Turbulence in the Global Marketplace (#navigateturbulenceintheglobalmarketplace).

Representation will be from all over the world due to the hybrid approach (option to attend in person #Chicago or remotely). We cherish diversity of thought and a rich exchange of information and that we guarantee you will experience. 

Associated Bank is our lead (Gold) sponsor. We thank them for their continued support.

Foley & Lardner LLP provides innovative legal services to businesses and is the host for the program – grateful to their support as well.

  

Now to the speakers, the people who will make our event rock! The following speakers have an amazing background in international trade, some are even #export-award winners:

• Bill McHenry, President, Widgeteer, Inc.
• Angie Kappel, VP Foreign Exchange, Capital Markets, Associated Bank
• Cathy Koch, Founder and CEO, K-Tec Systems
• Tom Dustman, International Sales Director, Sunnen Products Company
• Ellen Wheeler, Partner and Litigation Attorney, Foley & Lardner LLP
• Lori Novak, VP Foreign Exchange, Capital Markets, Associated Bank
• Ahmad Murrar, Litigation Associate, Foley & Lardner LLP (Moderator)
• Susan Walters-Flood, Chief Operating Officer, The Planting Hope Company
• Donald J. Lloyd, Senior VP, Manager: Capital Markets – Foreign Exchange, Rate Swaps and Commodity Derivatives, Associated Bank (Moderator)
• Lu Holter, Owner, Croix Valley Foods
• Richard Paullin, Executive Director, ITAGC
• Marc Schulman, President, Eli's Cheesecake Company

Topics covered:

–  How to get paid and avoid risks associated with foreign exchange fluctuations?

–  The value of EXIM bank financing.

–  What grants are available to businesses for international expansion?

–  The ins and outs to sourcing and importing.

–  Which overseas markets are right for you and how to figure it out?

–  Strategies for ingredient protection on food products.

–  Best practices in the area of post-pandemic recovery.

–  What does Made in U.S.A. mean to the world?

–  How to find customers and ship products worldwide.

–  What's involved to export foods products (e.g., labelling and regulatory issues)?

–  Strategies for working effectively across different cultures to form productive relationships with diverse clients.

Visit the website for more details and to register: https://bit.ly/3PyjTv0.

Our forum is known for attracting and featuring business owners who are #exporting or are about to #goglobal, incredible networking, and the exciting raffle of prizes at the end.  The prizes alone draw people to the event 😂!

Can't wait to connect with you in October 20th!  Together, let's take on the world!

Note to our readers:  Thanks to your readership, we have surpassed 150K views to our blog in September!

5th Annual Global Small Business Forum Hosted Virtually on 10/16/20

@2020 Global TradeSource, Ltd.  All rights reserved.

Please join us for the world's biggest Global Small Business Forum – #BeAGlobalUnicorn – hosted virtually on Friday, October 16th from 7:30AM – 11:30AM Central Time.  Hear from 4 CEOs (refer to graphic above and link below) on how they are successfully navigating their global businesses through the global pandemic, trade wars, trade tariffs and just about every other imaginable challenge in 2020. They will prove to you that if they can steer their businesses effectively during turbulent times, you can too! 

You will also hear from special guests Marc Schulman, President, Eli's Cheesecake and Richard Paullin, Executive Director, ITAGC. 

To learn more and to register, please visit:  http://globalsmallbusinessforum.com.  

Associated Bank (lead Gold sponsor), Multilingual Connections (Bronze sponsor) and Foley & Lardner (Host sponsor) are the proud sponsors of this event.